3818Days on Market

1view

$1,050,000

1515 Woodlawn Blvd, Austin, TX, 78703

On Market

2 Beds

2 Bath

1,866 Sq Ft

Unimproved Land

$0.66 / sqft

Built in 1959

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Gas Range, Free-Standing Range, Refrigerator, Water Heater

FlooringTile, Vinyl

Exterior

Private Pool

Exterior FeaturesDog Run

Lot Size8,664 sqft

Building Information

Year Built1959

Stories1

Roof Type105

Garage Spaces2

Land Information

APN01120203240000

Lot Number64

SubdivisionEnfield C

Land UseResidential

Legal DescriptionLOT 64 ENFIELD C

Census Tract001605

Assessed Land Value$812,448

Assessed Improvement Value$221,897

Assessment Year2025

About this property

Redevelopment opportunity in central Austin’s 78703. 1515 Woodlawn Blvd is an approximately 0.198-acre flat lot improved with an existing duplex, positioned between two substantial modern residences. The site offers a compelling opportunity for a future custom home or redevelopment project in an established Old Enfield/central Austin setting. The property is zoned SF-3 according to City of Austin zoning data and is located near Downtown Austin, Clarksville, Pease Park, Lady Bird Lake, dining, coffee shops, and neighborhood amenities. Recent nearby luxury home sales and surrounding newer construction reinforce the appeal of this location for buyers seeking a central Austin build site. Value is in the land. Existing duplex is being sold as-is. Buyer to independently verify zoning, allowable uses, development potential, utilities, restrictions, and permitting requirements.

Investor Tools

$1,034,345

Estimated Property Value

$54,000Estimated Mortgage Balance

$1,025,612Estimated Equity

95% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,300 /month

Positive

Cash Flow Estimate:

$2,100 /month

Interested in this property?

Urban Tapestry RE SVC, LLC

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,221/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,485

$1,034,345

2025

$812,448

$221,897

$1,034,345

Tax History

Year

Tax Paid

Assessed Value

2024

$21,485

$1,034,345

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Compass Bank

N/A

$54,000

N/A

First

Jul 30, 1999

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$9,414

$1,024,931

99%

$0/mo

Learn About the Market: Opportunity in Austin

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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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