1206 Marshall Ln, Austin, TX 78703

Excellent opportunity to remodel or rebuild in the heart of historic Clarksville/Castle Hill! The original 1067 sq ft home has 2 bedrooms and 1 bathroom, hardwood flooring, original windows, and cut limestone on all sides. The semi-detached garage and 441 sq ft upstairs studio apartment were added in 1995. There's a bonus storage room and greenhouse between the house and garage. The lot is 8084 sq ft (per TCAD), approximately 57’ x 140’, and is zoned SF-3. Both units have been used as rentals for a number of years. The main house (currently vacant) was leased at $2000/mo through spring 2021 and the garage apartment is currently leased at $1250/mo. The garage apartment tenant is on a month-to-month lease. This is an outstanding location on the edge of downtown Austin with close-by access to many amenities, including Ladybird Lake and the Shoal Creek Hike and Bike Trail. Area restaurants include Austin favorites Josephine House, Clark’s Oyster Bar, Jeffery’s, and many others. Grocery stores include the neighborhood Fresh Plus and the flagship Whole Foods at 6th & Lamar. The buyer and buyer’s agent should independently verify all information & City of Austin development guidelines.

Clarksville is Austin's most walkable luxury neighborhood — a historic freedman's town founded in 1871, now in 78703, five minutes on foot from downtown. Median home price $2.2M. Austin ISD schools (Casis Elementary, O. Henry Middle, Austin High). One of the only Austin neighborhoods where you can walk to fine dining, trails, and downtown without getting in a car.

The housing stock reflects 150 years of history. Original shotgun cottages and bungalows from the early 1900s sit alongside contemporary new builds and sensitive renovations on lots ranging from 0.1 to 0.25 acres. The neighborhood's historic designation (National Register) means you'll see period architecture preserved next to modern infill. Teardown lots trade at $800K-$1.5M for land alone.

West Lynn Street is the commercial spine — Medici coffee, Cipollina wood-fired pizza, Jeffrey's fine dining, Josephine House, and Bar Peached are all within a few blocks. Pease Park and Shoal Creek Trail border the east side. The Whole Foods flagship at 6th and Lamar is a 10-minute walk.

What makes Clarksville distinct: the combination of walkable daily life, historic character, and proximity to downtown that no other Austin neighborhood matches. The tradeoff is small lots, limited parking, and premium pricing for the location. Buyers here are paying for a lifestyle that doesn't require a car.