Exceptional redevelopment opportunity in the heart of downtown Austin. With HOME Phase 1 and 2 already passed, this property is primed for development or expansion. The single parcel currently features two income-producing dwellings: a front house of approximately 1,617 sq ft and a detached 300 sq ft efficiency unit, both currently rented.
The property offers a fully fenced perimeter for privacy and security, with gated access at both the front and rear, allowing for secure on-site parking and flexible access.
The owner has commissioned architectural plans for a full redevelopment consisting of two townhomes with garages plus one single-family residence, allowing for a total of three new units. The lot may be fully scraped and rebuilt, or alternatively, the existing front home can be expanded vertically or reconfigured to maximize value.
Ideally located just minutes from Rainey Street, downtown dining, nightlife, and Austin’s most popular hotspots. Tree Survey and Zonability Report available.
A rare opportunity to capitalize on location, density, and long term upside in one of Austin’s most desirable urban cores.
The property offers a fully fenced perimeter for privacy and security, with gated access at both the front and rear, allowing for secure on-site parking and flexible access.
The owner has commissioned architectural plans for a full redevelopment consisting of two townhomes with garages plus one single-family residence, allowing for a total of three new units. The lot may be fully scraped and rebuilt, or alternatively, the existing front home can be expanded vertically or reconfigured to maximize value.
Ideally located just minutes from Rainey Street, downtown dining, nightlife, and Austin’s most popular hotspots. Tree Survey and Zonability Report available.
A rare opportunity to capitalize on location, density, and long term upside in one of Austin’s most desirable urban cores.
Listing Provided Courtesy of City View Realty
Property Details
Price:
$925,000
MLS #:
7444062
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Shelley N G
Listed Date:
Aug 15, 2025
Finished Sq Ft:
1,617
Lot Size:
5,837 sqft / 0.13 acres (approx)
Year Built:
1952
See this Listing
Schools
School District:
Austin ISD
Elementary School:
Barton Hills
Middle School:
Lively
High School:
Travis
Interior
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Gas Oven, Refrigerator, See Remarks, Washer/Dryer Stacked
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Wall/Window Unit(s), Other
Fireplaces Total
1
Flooring
Carpet, Laminate, Tile
Heating
Central, Wall Furnace, See Remarks
Exterior
Community Features
Curbs, Sidewalks
Exterior Features
None
Other Structures
Guest House, See Remarks
Parking Features
Alley Access, Carport, Off Street
Roof
Composition
Financial
Taxes
$15,419
Map
Community
- Address1105 E 3rd ST Austin TX
- SubdivisionShelley N G
- CityAustin
- CountyTravis
- Zip Code78702
Market Summary
Current real estate data for Single Family in Austin as of Mar 06, 2026
3,126
Single Family Listed
94
Avg DOM
400
Avg $ / SqFt
$1,057,491
Avg List Price
Property Summary
- Located in the Shelley N G subdivision, 1105 E 3rd ST Austin TX is a Single Family for sale in Austin, TX, 78702. It is listed for $925,000 and features 5 beds, 3 baths, and has approximately 1,617 square feet of living space, and was originally constructed in 1952. The current price per square foot is $572. The average price per square foot for Single Family listings in Austin is $400. The average listing price for Single Family in Austin is $1,057,491. To schedule a showing of MLS#7444062 at 1105 E 3rd ST in Austin, TX, contact your Ensor & Co., Realtors agent at 512-640-9277.
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