3506 Grayson LN
Austin, TX, 78722
$400,000
3 Beds
1 Baths
1,092 SqFt
0.16 Acres
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MLS #1954846 image #0
Prime development opportunity in 78722—value is in the land and location. This .158-acre, level lot offers excellent frontage and mature trees, surrounded by new construction and ongoing revitalization. Refer to survey. The existing structure is a complete renovation or tear-down and should be accessed at your own risk; the lot itself is easy to walk.
Ideally located just minutes from Downtown Austin and approximately 1.5 miles from Mueller, with convenient access to IH-35, Airport Blvd, and 183. A compelling opportunity for builders, developers, or buyers looking to create a custom home or pursue a redevelopment project in a high-demand East Austin neighborhood with strong resale potential. Endless possibilities in a prime location.
Listing Provided Courtesy of Compass RE Texas, LLC

Property Details

Price:
$400,000
MLS #:
1954846
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Giles Place Sec 02
Listed Date:
Jan 9, 2026
Finished Sq Ft:
1,092
Lot Size:
6,904 sqft / 0.16 acres (approx)
Year Built:
1950
Giles Place Sec 02Austin IsdMaplewoodKealingMccallumNone

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Schools

School District:
Austin ISD
Elementary School:
Maplewood
Middle School:
Kealing
High School:
McCallum

Interior

Appliances
None
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
See Remarks
Heating
None

Exterior

Community Features
None
Exterior Features
Private Yard
Other Structures
Shed(s)
Parking Features
Driveway
Roof
Composition

Financial

Taxes
$11,631

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of Feb 04, 2026
2,732
Single Family Listed
112
Avg DOM
393
Avg $ / SqFt
$1,015,363
Avg List Price

Property Summary

    Located in the Giles Place Sec 02 subdivision, 3506 Grayson LN Austin TX is a Single Family for sale in Austin, TX, 78722. It is listed for $400,000 and features 3 beds, 1 baths, and has approximately 1,092 square feet of living space, and was originally constructed in 1950. The current price per square foot is $366. The average price per square foot for Single Family listings in Austin is $393. The average listing price for Single Family in Austin is $1,015,363. To schedule a showing of MLS#1954846 at 3506 Grayson LN in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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