Market insights

Compared with 193 active homes in ZIP 78723 · HomeLocating listings

Property details

Property type

Residential · SingleFamilyResidence

Status

Active

Year built

1950

Full baths

1

Lot size

0.5877

Subdivision

Marlo Heights Sec 01

MLS area

3

MLS #

232589930

Features

Additional details

Parking

Detached, Garage

Garage spaces

1

Roof

Shingle

Foundation

Pillar/Post/Pier

Annual tax

$10,896

Schools

Assigned schools per the MLS.

School district

Austin ISD

Elementary

Blanton

Middle

Lamar (Austin ISD)

High

Northeast Early College

About this home

Welcome to a rare, half-acre urban oasis offering the perfect blend of lifestyle, location, and limitless potential. Whether you're a developer, investor, or homeowner dreaming of a self-sustaining compound, this property delivers a one-of-a-kind opportunity in one of Austin’s most rapidly appreciating neighborhoods. Tucked between Mueller’s master-planned community and Morris Williams Golf Course, this expansive 25,555 sqft lot spans street-to-street from Pecan Springs to Touchstone, providing multiple access points and unmatched flexibility. Zoned and ready to be subdivided into three generous 8,518 sqft lots, this property is already primed for a high-yield nine-home development thanks to updated land-use laws—making it a developer’s dream. The fully remodeled 1 bed, 1 bath residence is move-in ready with all the modern upgrades: new roof, plumbing, electrical, HVAC, spray foam insulation, tile, flooring, and custom cabinetry. With a simple layout adjustment, it can easily be converted into a 2-bedroom home. Whether you choose to live, lease, or leverage it as part of a future multi-home plan, the possibilities are endless. At the rear of the property, a massive barn opens the door to even more options—convert it into a short-term rental (STR), yoga studio, artist loft, music production space, or creative office. The barn showcases the site's incredible versatility and income-producing potential. Love the idea of farm-to-table living in the city? This compound has space for your own chicken coop, raised garden beds, and more—offering a true urban homestead experience with all the perks of city living: quick access to Austin-Bergstrom Airport, Mueller’s shopping and dining, hike & bike trails, and downtown just minutes away. Don't miss this exceptional opportunity to own, develop, and profit from one of East Austin’s most flexible and desirable parcels. These properties are increasingly rare—schedule a showing today to explore the full potential.

Location

See this home in person