$1,250,000

About this home

Secure a prime homesite with an existing well-maintained and income generating duplex in one of Austin's most coveted areas in the heart of Bee Cave Woods. Property is zoned SF-3 and walkable to all three schools in award-winning Eanes ISD, Cedar Creek Elementary, Hill Country Middle School, and Westlake High School. This oversized +/-0.33-acre corner lot offers exceptional redevelopment or investment potential with the flexibility to create two separate residences with seller conveyed, plans fully permitted by City of Austin for TWO homes: 1) 5BDRM/5 bath at 3325sqft and 2) 4BDRM/3.5 bath at 2215sqft. The property has historically leased consistently (+/- $5,750 per month ), and is actively offered for lease, providing strong income potential while future plans are finalized. The true value lies in the land and entitlement pathway. Whether building one custom home and perhaps retaining a second lot for future use or developing both, significant groundwork has already been completed. In the interim, the existing duplex offers the opportunity to generate rental income to help offset carrying costs during planning, design refinement, or construction timing. Buyers may also consider living in one side while leasing the other. Opportunities to acquire build-ready property with subdivision potential in this highly desirable neighborhood are increasingly rare. Ideal for an end user planning a long-term custom build, a multigenerational living concept, or a buyer seeking strategic land control in a premier close-in Westlake location with quick access to downtown Austin, Zilker Park & Barton Creek Square Mall, (all ~ 5 minutes away), Bee Cave, & major commuter routes. Subdivision details, permitted plans, and additional information available upon request.

Description provided by the listing brokerage.

Facts

Property type

Residential Income · Duplex

Year built

1980

Lot size

0.33 acres

Living area

2,032 sq ft

Price per sq ft

$615

Garage

2 spaces

Annual taxes

$18,932

County

Travis

Neighborhood

Beecave Woods Sec 02

School district

Eanes ISD

Schools

Cedar Creek (Eanes ISD) · Hill Country · Westlake

Features

Roof

Asphalt

View

Neighborhood, Trees/Woods

Sewer

Public Sewer

Levels

One

Cooling

Ceiling Fan(s), Central Air

Fencing

None

Heating

Central, Fireplace(s)

Flooring

Carpet, Tile, Vinyl

Utilities

Above Ground, Electricity Connected, Sewer Connected, Water Connected

Appliances

Built-In Gas Oven, Built-In Gas Range, Dishwasher, Refrigerator

Lot

Back Yard, Corner Lot, Front Yard, Landscaped, Public Maintained Road, Trees-Moderate

Pets

Dogs OK, Negotiable

Water

Public

Windows

None

Parking

Driveway, Garage, Paved

Exterior

Private Yard

Interior

Ceiling Fan(s), Ceiling-Vaulted, Granite Counters, Laminate Counters, Primary Bedroom on Main, Recessed Lighting

Community

None

Fireplace

Living Room

Foundation

Slab

Waterfront

None

Energy efficiency

None

Accessibility

None

Construction

Masonry – Partial, Wood Siding, Stone

Patio & porch

Deck

Location