Austin · Oakmont Heights
$699,495 78 days on market
Reduced from $835,000
· −16.2%
1807 W 38th St, Austin, TX 78731
- 3bedrooms
- 2bathrooms
- 1,161sqft
- 0.16acres
- 1950year built
About this home
Amazing opportunity in a prime Central Austin location directly across from The Grove. This large, flat lot with rear alley access is ideal for a new custom home or a complete renovation. The property is being sold as-is, with the value primarily in the land. There are two structures on the property: a 2-bedroom, 1-bath main house and a nice efficiency unit at the rear. Both structures are solid but require a complete renovation. The property previously generated $3,350 per month in rental income in its current condition; however, the former tenants left it in poor condition. The highest and best use may be a teardown for new construction, although buyers looking for a major renovation project will also appreciate the property’s potential. Its exceptional location directly across from The Grove places shopping, dining, parks, and entertainment just steps away, making this a rare redevelopment opportunity in one of Central Austin’s most desirable areas.
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1950
- Lot size
- 0.16 acres
- Subdivision
- Oakmont Heights
- MLS #
- ACT9336827
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,161 sqft
Schools
- Elementary
- Bryker Woods
- High school
- Austin
- District
- Austin ISD
Costs
- Est. annual taxes
- $12,713 (2026)
Listing
- First listed
- Aug 7, 2026
- Days listed
- 78
- Original price
- $835,000
- Status
- Pending
Listed by Roya Johnson, Keller Williams Realty · [email protected] · MLS# ACT9336827 · Pending
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