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Redevelopment Duplex Lot
For Sale
$1,050,000

1515 Woodlawn Blvd, Austin, TX 78703

Flat SF-3 lot with an existing duplex sold as-is, offering redevelopment potential in central Austin.

Property SizeContact for details
Lot Size0.20 Acres
Days on Market35

Property Features for 1515 Woodlawn Blvd

General Information

Standard status Active
Lot size 0.20 Acres
Property subtype Land
Zoning SF-3

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $23,494
Listing Agency:
Listed By: Albert Allen · License #0656409
Source: Elliman
Added: Jul 9 Changed: Aug 8 Last Checked: Jul 9 at 1:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Albert Allen

Investment Insights

Based on property information with market context.

1515 Woodlawn Blvd presents an approximately 0.198-acre flat lot improved with an existing duplex, offered for sale as-is. The transaction is positioned as a redevelopment opportunity, with value described as primarily in the land. The property is zoned SF-3 per City of Austin zoning data.

The site is located in central Austin near Downtown Austin and is also noted as being near Clarksville, Pease Park, and Lady Bird Lake, along with dining, coffee shops, and other neighborhood amenities. BikeScore and WalkScore data provided indicate the area is bikeable and more car-dependent.

The buyer is responsible for independently verifying zoning, allowable uses, development potential, utilities, restrictions, and permitting requirements.

Key Highlights

  • Approximately 0.198‑acre flat lot in central Austin (78703) improved with an existing duplex
  • Zoned SF‑3 per City of Austin zoning data
  • Property is sold as‑is, with the existing duplex included in the sale

Property Analytics

Current Use

CONSCIOUS CONTENT Physician

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Florist Auto Parts Store Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,182
Businesses Nearby

Demographics for 78703, TX

22,194
Population
12,237
Households
1.8
Avg Household Size
38
Median Age
84%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
3,963
Density / Sq Mi
$144,637
Median Household Income
$80,622
Median Earnings
$2,217
Median Rent
$1,353,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Flat SF-3 lot with an existing duplex sold as-is, offering redevelopment potential in central Austin.
Where is this duplex located?
The property is located at 1515 Woodlawn Blvd Austin, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Approximately 0.198‑acre flat lot in central Austin (78703) improved with an existing duplex; Zoned SF‑3 per City of Austin zoning data; Property is sold as‑is, with the existing duplex included in the sale
More about this property
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