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Elevated Double Lot for Development
For Sale
$1,500,000

1603 Taylor Gaines St, Austin, TX 78741

Approximately 0.6-acre double lot with an elevated hilltop setting and development potential for multiple dwellings, subject to verification.

Property SizeContact for details
Lot Size0.60 Acres
Days on Market25

Property Features for 1603 Taylor Gaines St

General Information

Standard status Active
Lot size 0.60 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $18,629
Listing Agency:
Listed By: Dru Brown · License #0590854
Source: Elliman
Added: Jul 19 Changed: Aug 8 Last Checked: Jul 19 at 3:44AM

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 Dru Brown

Investment Insights

Based on property information with market context.

This offering presents an approximately 0.6-acre double lot in Austin, TX, featuring an elevated hilltop setting that may support downtown view potential. The property is described as having exceptional development potential, with the ability to accommodate up to six dwellings, subject to buyer verification. Existing improvements may provide an optional interim use while development plans are finalized.

The seller notes flexible financing terms, including seller financing at 5% interest with 10% down. This can be a practical fit for buyers seeking land to scale a residential development plan within an established urban neighborhood.

Bike and walk accessibility scores provided with the remarks include a BikeScore of 71 (very bikeable), a WalkScore of 66 (somewhat walkable), and a TransitScore of 49 (some transit). All development feasibility, unit count, and intended use should be verified by the buyer and their advisors.

Key Highlights

  • Approximately 0.6‑acre double lot with an elevated hilltop setting in East Travis Heights
  • Development potential for up to six dwellings, subject to buyer verification
  • Existing improvements may allow for optional interim use or holding income while development plans are finalized

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Electrical Service Daycare Center Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 78741, TX

49,344
Population
24,763
Households
2
Avg Household Size
29
Median Age
49%
College-Educated
85%
High-School Grad
7.8 sq mi
ZIP Area
6,326
Density / Sq Mi
$66,434
Median Household Income
$41,533
Median Earnings
$1,477
Median Rent
$376,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approximately 0.6-acre double lot with an elevated hilltop setting and development potential for multiple dwellings, subject to verification.
Where is this residential land & home lot located?
The property is located at 1603 Taylor Gaines St Austin, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 0.6‑acre double lot with an elevated hilltop setting in East Travis Heights; Development potential for up to six dwellings, subject to buyer verification; Existing improvements may allow for optional interim use or holding income while development plans are finalized
More about this property
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