1731 Giles ST, Austin TX 78722

Description

This 78722 corner lot puts you exactly one mile from the Mueller retail district and even closer to the Manor Road dining corridor, making it one of the most strategic investment opportunities in East Austin. At .15 acres, the property features a heavy canopy of mature trees that offer immediate privacy and character for a new build. Because this is a corner lot, you have more flexibility with site plans and curb appeal than a standard interior lot, which is a massive advantage in a neighborhood seeing this much new construction. The 78722 zip code is currently a hotspot for high-end redevelopment. When you walk the surrounding blocks, you’ll see the shift toward modern custom homes, and this lot is a prime candidate for a similar project. The location handles the heavy lifting for future resale value; you are roughly three miles from the center of Downtown Austin and only seven miles from the airport. Commutes are short with quick access to I-35 and Airport Boulevard. Beyond the immediate development potential, the 78722 area offers a lifestyle that buyers are actively seeking. You are minutes from the Morris Williams Golf Course and the 30-acre park system at Mueller, including the lake and weekly farmers market. The existing single-story structure includes a 3 bedrooms and 2 bathrooms, but the value is clearly in the land and the ability to start fresh. As new builds continue to go up throughout the community, opportunities to grab a corner lot with this much tree cover are becoming harder to find. This is a chance to secure a footprint in a neighborhood that has already proven its growth trajectory. Buyer to perform all due diligence regarding building permits and site requirements. Please see the survey.