1124 Tillery St, Austin, TX 78702

$675,000
2
BD
1
BA
802
SqFt

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List Price
$675,000
Status
ACTIVE
Days on Market
81
MLS#
4873515
Subtype
Residential
Year Built
1957
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
802
Lot Size
11,151
Acres
0.26
Subdivision
Division A
Neighborhood
Division A
MLS Area Major
Austin - Central, Austin - East

Property Description

Located in the heart of East Austin, 1124 Tillery Street presents a rare opportunity to acquire an approximately 0.25-acre lot with an existing ~802 square-foot single-family home and multiple potential development strategies. Land is zoned for SF3. Subject to City of Austin approval, a buyer could renovate or expand the existing residence, preserve and sell the original home while developing additional residences on the remaining land, subdivide the property into smaller residential lots, or remove the existing structure and pursue a higher-density redevelopment plan. The surrounding market demonstrates strong demand for thoughtfully designed infill construction: recently completed homes on Tillery Street have sold in approximately the mid-$600,000s, while a larger 2,405-square-foot new-construction home at 1506 Tillery Street is currently offered at approximately $1.1 million. With convenient access to Downtown Austin, Mueller, East 11th Street, local restaurants, entertainment, parks, trails, and major employment centers, the property offers compelling potential for a builder, developer, investor, or owner-occupant seeking long-term value in one of East Austin’s most active infill corridors. Buyer to independently verify zoning, subdivision feasibility, allowable density, unit count, lot dimensions, utilities, protected-tree requirements, demolition restrictions, permitting, and all proposed uses with the City of Austin and other applicable authorities.

Additional Information

Amenities
Primary Bedroom on Main, See Remarks
Interior Features
Primary Bedroom on Main, See Remarks
Exterior Features
See Remarks
Taxes
$8,175
Appliances
See Remarks, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Heating
See Remarks
Air Conditioning
See Remarks
Exterior Construction
See Remarks
Stories
1
Levels
One
Roof
Asphalt
School District
Austin ISD
Elementary School
Oak Springs
Middle School
Kealing
High School
Eastside Early College

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Calculator source: Real Geeks

Listing courtesy of Devora Realty. Contact: (512) 961-9084

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