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 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.
| MLS # | 2826852 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 68 |
| Listing Provided By | Devora Realty | Johnny Devora |
| Zoning | SF-3 (Family Residence) |
|---|---|
| Acreage | 0.26 |
| Water Front | Yes |
| Property View | City, Trees, Woods |
| Exterior Features | See Remarks, Private Yard |
|---|---|
| Lot Features | See Remarks |
| Topography | Topo Survery available |
| Fencing | Back Yard, Front Yard, Wood |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 8175 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78702 |
| Area | 5 |
| Community Name | Division A |
| School District | Austin ISD |
| Elementary School | Oak Springs |
| High School | Eastside Early College |
| Listing VS Median (in Division A) | |
Price: $675,000 low | high Med: $980,000 On site: 68 low | high Med: 38 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78702 |
| Area | 5 |
| Community Name | Division A |
| School District | Austin ISD |
| Elementary School | Oak Springs |
| High School | Eastside Early College |
| Listing VS Median (in Division A) | |
Price: $675,000 low | high Med: $980,000 On site: 68 low | high Med: 38 | |