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$975,000

920 Shady Ln, Austin, TX, 78702

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths1 Bath
Baths2,774 Sq Ft
OtherOther
price_per_sqft$351.48 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Gas Water Heater, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesSee Remarks

Building Information

Year Built1937
Stories1
Roof Type105

Land Information

APN02041603040001
Lot Number1
SubdivisionShady Lane Addn
Land Use1 Family Dwelling
Legal DescriptionIMPS ONLY LOT 1 SHADY LANE ADDN
Census Tract002111
Assessed Improvement Value$137,007
Assessment Year2025

About this property

Prime Govalle Mixed-Use / Commercial Redevelopment Opportunity with Prime High-Yield Potential! Positioned directly in the path of East Austin's explosive growth, 920 Shady Lane presents an exceptional adaptive reuse or ground-up commercial redevelopment opportunity in the heart of the Govalle neighborhood. Strategically located steps from the Airport Boulevard Core Transit Corridor, this prime land has highly desirable level topography, excellent street visibility, and direct, easy access to major transit veins heading North, South, and straight into Downtown Austin. The deep lot currently houses two existing structures (a 4-bedroom main home and a 2-bedroom rear unit) along with a large workshop and two existing utility hookups, offering immediate holding-income potential or flexibility during the entitlement and permitting phase. Surrounded by rapid high-density office, residential, and retail transformation, the location benefits from continuous foot and vehicle traffic, anchored by local staples like Dan's Hamburgers directly across the street and major adaptive reuse hubs like Hi Sign Brewing down the block. Whether you're looking to scrape and build a sleek new commercial footprint, execute a high-density boutique development, or capitalize on East Austin’s premier corridor momentum, this site delivers the location, scale, and access to execute your vision.

Investor Tools

$0Estimated Mortgage Balance
$492,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

Interested in this property?

Monica Poss

Allure Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,697
$137,007
2025
N/A
$137,007
$137,007
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,697
$137,007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$304,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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