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 672-square-foot single-family home and multiple potential development strategies. Subject to City of Austin approval, a buyer could renovate or expand the existing residence, preserve and sell the… Read More 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. Read Less
Property listed by Devora Realty 512-961-9084 (512) 961-9084
Listing Snapshot
Days Online
0
Last Updated
Property Type
UnimprovedLand
Lot Size
0.26 Acres
MLS Number
2826852
Additional Details
Community
Park, SeeRemarks, TrailsPaths
Disclosures
LeadBasedPaintDisclosure, SellerDisclosure
Exterior Features
PrivateYard, SeeRemarks
Fence
BackYard, FrontYard, Wood
Lot
0.256 acres, Dimensions: 150ft x 74.5ft, SeeRemarks
Property
Resale, City, TreesWoods
Sewer
PublicSewer
Taxes
Parcel Number: 02071403240000, Annual Amount: $8,175.01, Assessed Value: $475,442, Legal Description: 73.5 X 150 FT OLT 51 DIVISION A, Lot: 51, Year: 2026, Zoning: SF-3 (Family Residence) p, Zoning description: SF-3 (Family Residence) properties generally allow up to three housing units per lot and limit structures to a maximum height of 35 feet.
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public
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Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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