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$350,000

1321 Redd ST, Austin, TX, 78745

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Baths0 Bath

About this property

Rare opportunity for builders and developers in one of Austin's fastest-growing corridors! This 7,982 SF lot is zoned SF-3, sits on level ground with no significant tree or topography issues, and has water, sewer, and electric already available at the street — so you can break ground without the headaches. The lot next door at 4501 Gillis (MLS# 6678424) is listed separately at $400,000, but purchase both and you're commanding over 15,000 SF of contiguous, build-ready land in a neighborhood that Austin is clearly moving toward. Combined pricing is available — call for details. Location is where this one really shines. You're minutes from downtown Austin, Austin-Bergstrom International Airport, and some of the city's best dining and retail. Gold's Gym, many near grocery options in Central Market, Randalls, and H-E-B, and a strong walkable restaurant scene are all close by — exactly the kind of live-work-play amenities that today's buyers are paying a premium for. Smart money is already moving into this pocket, and infill lots of this quality don't last.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Schuyler Williamson

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1321 Redd ST | Property Details | No Agent List