Prime Hancock Development Opportunity | Central Austin Build Site Exceptional opportunity to build in one of Central Austin's most desirable neighborhoods! This flat, street-facing lot in the highly sought-after Hancock neighborhood offers the potential to build up to 3,551 FAR with approximately 2,300 square feet of impervious coverage, making it an outstanding opportunity for new construction, a custom luxury home, or an investment property. Design a spacious single-family residence or explore a two-unit construction concept adjacent to Unit #1, an existing home currently undergoing a complete remodel. Each property has its own address, providing flexibility for resale, multi-generational living, or long-term investment. Located just minutes from The University of Texas at Austin, Hyde Park, Mueller, Downtown Austin, Dell Medical School, and the Texas Capitol, this premier location offers exceptional walkability to neighborhood restaurants, coffee shops, parks, shopping, and entertainment. Enjoy quick access to major employers, medical centers, and some of Austin's most beloved local destinations. Whether you're a builder, developer, investor, or homeowner, this rare homesite offers endless possibilities in a neighborhood where new construction and thoughtfully renovated homes continue to drive strong demand. Bring your architect, your builder, and your creativity to create something truly special in one of Austin's most established and appreciating neighborhoods.
| MLS # | 8546922 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 20 |
| Listing Provided By | Compass RE Texas, LLC | Sandra Bennett |
| Zoning | SF3 |
|---|---|
| Acreage | 0.13 |
| Water Front | Yes |
| Property View | None |
| Lot Features | Level |
|---|
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 4500 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78751 |
| Area | 4 |
| Community Name | Wilbert Add |
| School District | Austin ISD |
| Elementary School | Lee |
| High School | McCallum |
| Listing VS Median (in Wilbert Add) | |
Price: $324,900 low | high Med: $0 On site: 20 low | high Med: | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78751 |
| Area | 4 |
| Community Name | Wilbert Add |
| School District | Austin ISD |
| Elementary School | Lee |
| High School | McCallum |
| Listing VS Median (in Wilbert Add) | |
Price: $324,900 low | high Med: $0 On site: 20 low | high Med: | |