Rare opportunity to own a .24 acre lot in the highly sought-after Hancock/North University area of Central Austin. Just minutes from the University of Texas, DKR Stadium, and the Moody Center, this prime location offers unbeatable access to the citys educational, cultural, and entertainment hubs. Zoned to support up to three housing units (feasibility study attached - buyer to verify all zoning feasibility), the lot presents a compelling investment opportunity in one of Austins most rapidly growing and desirable neighborhoods. With demand for centrally located housing on the rise, this property offers incredible flexibilityideal for modern rentals, short-term stays, or a long-term multi-family hold. The potential for appreciation and strong rental income makes this a smart addition to any investment portfolio. Even better, the adjacent lot is also available, offering the chance to double your development potential and further strengthen your long-term return. Opportunities like this are increasingly rare in Central Austin Secure your spot in one of Austins most promising growth corridors and capitalize on the citys booming demand for smart, well-located housing. Buyer to verify all details.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Dishwasher
- Gas Range
- Free-Standing Gas Range
- Refrigerator
- Stainless Steel Appliance(s)
- Laundry Features: Inside, Laundry Room
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Interior Features
Land Info
- Additional Parcels Description: Also Available: 4310 Red River, Adjoining Lot
- Additional Parcels: Yes
- Lot Description: Back Yard, Curbs, Front Yard, Near Golf Course, Near Public Transit
- Lot Size Acres: 0.2393
- Lot Size Square Feet: 10424
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Driveway, Off Street
- Parking Total: 2
Home Features
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Lee
- High School: McCallum
- High School District: Austin ISD
- Middle School: Kealing
- School District: Austin ISD
Amenities and Community Features
- Community Features: Curbs, Park, Sidewalks
Other Property Info
- Annual Tax Amount: 13382.21999999
- Tax Block: 7, 22
- Source Listing Status: Active
- Tax Exemptions: Homestead
- County: Travis
- Directions: From I-35 N. Take exit 237A toward Airport Blvd/51st St/Cameron Rd. Merge onto N Interstate 35 Frontage Rd. Turn left toward S I-35 Frontage Rd. Turn right onto E 41st St. Turn right onto Red River St. Property will be on the left.
- Tax Year: 2024
- Restrictions: City Restrictions, Covenant, Deed Restrictions
- Source Property Type: Residential
- Area: 4
- Property Subtype: condo
- Source Neighborhood: Hancock
- Ownership Type: Fee-Simple
- Parcel Number: 02190807100000
- Subdivision: Hancock
- Flood Plain: No
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1450
- Year Built: 1953
- Construction Materials: Stone
- Direction Faces: Southeast
- Foundation Details: Pillar/Post/Pier
- Levels: One
- Living Area Source: Public Records
- Property Age: 72
- Property Condition: Resale
- Roof: Composition
- House Style: Single level Floor Plan
- Total Area Sqft: 1450
- Year Built Source: Public Records
Utilities
- Sewer: Public Sewer
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Sewer Connected
- Water Connected
- Water Source: Public
