#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
A rare development opportunity in the heart of West Austin. Located on a quiet street in Deep Eddy, 1300 & 1302 Norwalk Lane currently consist of two multifamily buildings featuring a total of 6 one-bedroom units and 6 two-bedroom units, with only one unit currently vacant. This setup provides holding income while you pursue design and planning approval for redevelopment or refurbishment of the existing improvements. The property spans a gently sloping, rectangular 0.6-acre lot with dual street frontage. Zoned MF-3, it allows for up to 20,000 square feet of Gross Floor Area and up to 21 units. Preliminary schematics show a layout including a driveway and 12 x 1600 sq. ft. with 2-car garages and private roof terraces. This property is across the road from the Muni Golf Course and a short walk to O'Henry Middle School, HEB and Maudies. It is also less than a mile to Westenfield Park / Pool / Tennis Courts, Littlefields, and Juiceland; and less than 2 miles to Austin High, Zilker Park, Barton Springs, Town Lake, Lake Austin, numerous bars and restaurants on West Lynn and West 6th St. It's proximity to MoPac delivers direct connectivity to the airport, the Domain, and highways 183, 71 and 290. This property is zoned to Austin ISD's best schools.
Property Type
Land
Lot Size
0.60 acres
Listed by Muskin Elam Group LLC
Verified property facts
1300 and 1302 Norwalk LN is listed at $2,900,000 with 0 bedrooms, 0.60-acre lot. This places it above the ZIP 78703 single-family closed-sale median price of $1,633,950 (ZIP 78703 geography · single-family closed sales · median sale price · trailing 12 months as of Aug 30, 2026).
1300 and 1302 Norwalk LN is zoned for Austin ISD with assigned schools: Casis (10/10) (elementary), O Henry (middle), Austin (7/10) (high). School assignments should be verified directly with the district.
1300 and 1302 Norwalk LN is listed by Muskin Elam Group LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Aug 31, 2026.
The most recent annual property tax for 1300 and 1302 Norwalk LN is $38,901. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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Property Details
Features
Lot Features
2 records on file
Every recorded listing, sale, and lease at 1300 and 1302 Norwalk LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.7% | — | $1,296,902 | $1,049,805 | $30,405 |
2024+41.8% | — | $1,332,651 | $1,260,270 | $71,138 |
2023+4.4% | — | $939,727 | $1,260,270 | $72,381 |
2022+0.0% | — | $900,000 | $882,189 | $57,538 |
2021 | — | $900,000 | $882,189 | $17,811 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($580K)
Adjustable assumption - not a lending recommendation.
$2,900,000
Luxury property intelligence
A sourced read on Tarrytown pricing, timing, and property scale. No automated valuation claim.
List price
$2,900,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+48.7%
$2M · Tarrytown neighborhood guide · reference price
Days on market
391 days
Original to current
$350K reduction
$3.3M original
Active inventory context
30 listings
Price Position in Tarrytown
Listed 49% above the Tarrytown neighborhood guide reference price. Tarrytown neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 1300 and 1302 Norwalk LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Aug 31, 2026, 1300 and 1302 Norwalk LN is offered at $2,900,000. The current MLS snapshot shows 45 active listings in 78703. Keenan Group has completed 24 verified transactions in 78703 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Tarrytown guide for current neighborhood analysis.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Tarrytown is one of Austin's established neighborhoods, zoned for Austin ISD in the 78703 area. The Keenan Group has specialized in Tarrytown real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
5 events on record
Current Price
$2,900,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.7% | — | $1,296,902 | $1,049,805 | $30,405 |
2024+41.8% | — | $1,332,651 | $1,260,270 | $71,138 |
2023+4.4% | — | $939,727 | $1,260,270 | $72,381 |
2022+0.0% | — | $900,000 | $882,189 | $57,538 |
2021 | — | $900,000 | $882,189 | $17,811 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Tarrytown is a historic Central Austin neighborhood in 78703, five minutes from downtown and bordered by Lake Austin to the west. Median home price $1.95M. Austin ISD schools - Casis Elementary, O. Henry Middle, Austin High - and walkability to Deep Eddy Pool, Lady Bird Lake, and Mayfield Park. The housing stock spans nine decades. Original 1930s-60s colonials, Tudors, and ranch homes sit alongside new construction and gut renovations on lots ranging from 0.15 to 0.3 acres. Lakefront properties on Scenic Drive and streets near Lake Austin command $4M-$15M+. The neighborhood's character has been protected by an engaged neighborhood association and the McMansion Ordinance, which limits building scale. Daily life here runs on the water and the schools. Morning laps at Deep Eddy Pool (68-degree spring-fed water year-round), school drop-off at Casis, coffee at Tarrytown Pharmacy or Summer Moon, dinner at Jeffrey's or Josephine House without leaving the neighborhood. The Contemporary at Laguna Gloria and Lions Municipal Golf Course are a walk or short bike ride away. What makes Tarrytown distinct from other luxury Austin neighborhoods: genuine walkability, a 90-year-old neighborhood identity, and Central Austin access that Westlake and Barton Creek cannot match. The tradeoff is Austin ISD instead of Eanes, and smaller lots than you'd find west of MoPac.
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