Prime Govalle Mixed-Use / Commercial Redevelopment Opportunity with Prime High-Yield Potential!
Positioned directly in the path of East Austin's explosive growth, 920 Shady Lane presents an exceptional adaptive reuse or ground-up commercial redevelopment opportunity in the heart of the Govalle neighborhood. Strategically located steps from the Airport Boulevard Core Transit Corridor,… Read More this prime land has highly desirable level topography, excellent street visibility, and direct, easy access to major transit veins heading North, South, and straight into Downtown Austin.
The deep lot currently houses two existing structures (a 4-bedroom main home and a 2-bedroom rear unit) along with a large workshop and two existing utility hookups, offering immediate holding-income potential or flexibility during the entitlement and permitting phase. Surrounded by rapid high-density office, residential, and retail transformation, the location benefits from continuous foot and vehicle traffic, anchored by local staples like Dan's Hamburgers directly across the street and major adaptive reuse hubs like Hi Sign Brewing down the block. Whether you're looking to scrape and build a sleek new commercial footprint, execute a high-density boutique development, or capitalize on East Austin’s premier corridor momentum, this site delivers the location, scale, and access to execute your vision. Read Less
Property listed by Allure Real Estate 512-518-0008 (512) 518-0008
Listing Snapshot
Days Online
73
Last Updated
Property Type
Other
Square Ft.
2,774
Lot Size
0.72 Acres
Year Built
1937
MLS Number
4640826
Additional Details
Property Access
Road Surface: Concrete, Dirt
Appliances & Equipment
Other equipment: None
Building
Built in 1937, 3 buildings, Construction Materials: Frame, WoodSiding
Disclosures
LeadBasedPaintDisclosure
Accessibility Features
None
Expenses
Operating: $6,400
Floors
Tile, Wood
Foundation
PillarPostPier, Slab
Heating
Central
Income
Gross ScheduledIncome: $16,200
Laundry
WasherHookup, DryerHookup
Lot
0.7184 acres, Level, Topography: Level
Parking
Driveway, Open
Property
Resale, Leasable area: 2774.0
Sewer
PublicSewer
Taxes
Parcel Number: 02041603040000, Annual Amount: $14,574.7, Assessed Value: $712,178, Legal Description: LOT 1 SHADY LANE ADDN, Lot: 1, Year: 2026, Zoning: Zoning is GR-MU-NP, Zoning description: Zoning is GR-MU-NP
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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