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This is a true UNICORN, a rare development opportunity in the heart of south Austin! Nestled in one of Austin's most sought-after neighborhoods, this exceptional 2.98-acre two-lot tract offers a once-in-a-generation opportunity to create something truly special. Held in the same family since 1940, the property is now ready for its next chapter. With SF-3 zoning in place"”and potential for rezoning to SF-6"”this land is primed for a thoughtful infill development. A full suite of studies has already been completed, including a boundary, tree, and topographic survey, along with a detailed feasibility report that outlines how up to 24 detached 2,300-square-foot residences with 2-car garages could be built"”while preserving 31 Protected and Heritage trees, in compliance with City of Austin guidelines. This is more than a development site; it's a rare canvas for building a new community in vibrant South Austin, where opportunities of this scale and character are increasingly hard to find.
| LAST UPDATED | 8/14/2025 | TRACT | LOW THEODORE HEIGHTS |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | LOW THEODORE HEIGHTS |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Zilker |
|---|---|
| Jr. High School | O Henry |
| High School | Austin |
| ADDITIONAL DETAILS | |
| AREA | 6 |
|---|---|
| LOT | 2.98 acre(s) |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | LOW THEODORE HEIGHTS |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Julie Gualandri, KW-Austin Portfolio Real Estate
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 8/15/25 7:49 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.