Austin · Forest Oaks
$400,000 51 days on market
4501 Gillis St, Austin, TX 78745
- 3bedrooms
- 1bathrooms
- 944sqft
- 0.35acres
- 1953year built
About this home
Incredible infill opportunity in one of Austin’s hottest up-and-coming neighborhoods! This 7,487 SF lot (zoned SF-3) comes with an existing 944 SF home — live in it, rent it, or scrape it and build new. Either way, you’re sitting on a build-ready asset at a discount.
No significant tree or topography issues, and utilities are available at the street, making this a clean, low-friction project for builders and developers ready to put a shovel in the ground.
The lot next door at 1321 Redd St (MLS# 6678424) is listed separately at $350,000 — but purchase both and you’re working with over 15,000 SF of contiguous SF-3 land in a corridor that Austin clearly has its eye on. Combined pricing is available — call for details.
Location couldn’t be more dialed in for end buyers. You’re minutes from downtown Austin, Austin-Bergstrom International Airport, Gold’s Gym, grocery stores, and a thriving local restaurant scene — the kind of walkable, connected lifestyle that commands top dollar when you go to sell.
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1953
- Lot size
- 0.35 acres
- Subdivision
- Forest Oaks
- MLS #
- ACT6678424
Inside
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 944 sqft
Schools
- Elementary
- Joslin
- High school
- Crockett
- District
- Austin ISD
Costs
- Est. annual taxes
- $9,209 (2025)
Listing
- First listed
- Apr 28, 2026
- Days listed
- 51
- Status
- Active
Listed by Schuyler Williamson, Keller Williams Realty · [email protected] · MLS# ACT6678424 · Active
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Loan
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Monthly payment
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Total monthly
- Principal & interest
- $0
- Property tax
- $0
- Insurance
- $0
- HOA
- $0
- Loan amount
- $0
Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.
Where this home sits
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