
$757,000
NAL Estimated Property Value2707 W 49th St, Austin, TX, 78731
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Terrific location only blocks to the new development-The Grove. Great opportunity to redevelop this .18 acre lot (7,846 ft) into a brand-new home or condos or duplex. Great street with lots of new construction. Value is only in the land. SF2 zoning. 2 bedrooms/1 bath on each side of the duplex. No updating has been done and the building is not in great shape. Bring your architect and your ideas and create your dream, close to Central Market, restaurants, hospital, and so much more!FEMA - Unknown
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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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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