920 Shady Ln, Austin, TX 78702

$975,000

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List Price
$975,000
Status
ACTIVE
MLS#
4640826
Days on Market
2
Lot Size
31,293
Area
Austin - Central, Austin - East

Property Description

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.

Additional Information

Taxes
$14,574
Tax Year
2026
Year Built
1937
Parking Spaces
10
Construction
Frame, Wood Siding
Region
Austin - Central, Austin - East
Sewer
Public Sewer
Street Name
Shady Ln
Street Number
920
Neighborhood
Shady Lane Add
Water
Public
Acres
0.72
County
Travis
Floor
Tile, Wood
Heating
Central

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Listing courtesy of Allure Real Estate. Contact: (512) 518-0008

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