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$1,150,000
602 Allen St, Austin, TX, 78702
2 Beds
1 Bath
966 Sq Ft
Other
$1,190.48 / sqft
Built in 1935Property Lead Type:
Highlights
Interior
Bedrooms 2
Bathrooms Half 1Exterior
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About this property
Prime central location just minutes from downtown. Exceptional opportunity for new construction on a combined 10,898 sq ft (Front Lot: 5,760 sq ft | Back Lot: 5,138.63 sq ft). Existing improvements include two dwellings and storage units; all structures are in poor condition and the property is offered for land value only. Both lots are to be sold together. The rear lot is not platted; a Unified Development Agreement will likely be required to consolidate the parcels.
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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.
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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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