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Highland Park View Lot Opportunity
For Sale
$2,500,000

4616 Crestway Dr, Austin, TX 78731

Rare 0.675-acre lot with Austin skyline views.

Property SizeContact for details
Lot Size0.68 Acres
Days on Market253

Property Features for 4616 Crestway Dr

General Information

Standard status Active
Lot size 0.68 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $15,208
Listing Agency:
Listed By: Bridget Ramey · License #0547097
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:53AM

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 Bridget Ramey

Investment Insights

Based on property information with market context.

This 0.675-acre lot is located in Highland Park and offers views of the Austin skyline, including Lady Bird Lake, Downtown, the UT Tower, and Camp Mabry. The property features a gentle upward slope and a cleared building site, suitable for a custom home designed to maximize the views. Crestway Drive is known for its privacy, walkability, and community atmosphere. The location provides access to Mount Bonnell, Bright Leaf Preserve, and Mayfield Park. Top restaurants, schools, and downtown Austin are also nearby. This lot presents an opportunity to build in an established neighborhood.

Key Highlights

  • Unobstructed, panoramic views of the Austin skyline, Lady Bird Lake, Downtown, the UT Tower, and Camp Mabry.
  • Large .675‑acre lot in the highly desirable Highland Park neighborhood.
  • Fully cleared building site with a gentle upward slope, ready for custom home construction.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Building Supply (Bike/Boat/Book/etc) Store Daycare Center Hair Salon Furniture & Home Goods

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

853
Businesses Nearby

Demographics for 78731, TX

27,240
Population
14,939
Households
1.8
Avg Household Size
40
Median Age
78%
College-Educated
99%
High-School Grad
8.7 sq mi
ZIP Area
3,131
Density / Sq Mi
$102,886
Median Household Income
$69,232
Median Earnings
$1,673
Median Rent
$839,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Rare 0.675-acre lot with Austin skyline views.
Where is this land located?
The property is located at 4616 Crestway Dr Austin, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Unobstructed, panoramic views of the Austin skyline, Lady Bird Lake, Downtown, the UT Tower, and Camp Mabry.; Large .675‑acre lot in the highly desirable Highland Park neighborhood.; Fully cleared building site with a gentle upward slope, ready for custom home construction.
More about this property
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