1405 Rosewood Ave, Austin, TX 78702

1405 Rosewood offers an investor or developer the opportunity in the heart of East Austin 0.28 acre site is ideal for several uses including retail and multifamily . The site is zoned cs-co-mu-np with a feasibility study in hand. The study concludes that building up to 60 feet high with ability to build as much as 25,000+/- sqft. Location has great walkability score and strategic location just minutes from downtown and everything East Austin has to offer. Highly walkable location surrounded by restaurants, coffee shops, art studios, and nightlife Minutes to Downtown, UT Austin, and major employers Strong demographic trends supporting residential and commercial absorption ideal for boutique multifamily, live/work, or community-centered mixed-use.

1405 Rosewood Ave stands out for one simple reason: this 0.2795-acre site in East Austin offers rare scale and mixed-use flexibility this close to Downtown Austin. At 1405 Rosewood Ave, the asking price is $1.75 million, which puts the land at roughly $144 per site square foot across about 12,175 square feet of unimproved land in Austin, TX 78702.

This is East Austin land with real options, not just a central address. The parcel sits in East Austin in Travis County, just east of I-35 and a short run to East 12th Street, Chicon Street, and the core of downtown employment, dining, and nightlife. For buyers thinking about what it is like to own or build here, the answer starts with access. You are minutes from the Central Business District, UT Austin, Huston-Tillotson University, and the restaurant and retail activity that has reshaped the Rosewood and East Cesar Chavez corridors. Rosewood Neighborhood Park is nearby, and so are the daily-use spots that make 78702 one of the city’s most active in-town zip codes.

The property type is land - unimproved land, so there is no year built, no existing bedroom or bathroom count, and no finished interior square footage to evaluate. What matters here is site potential, frontage, location, and timing. A feasibility study is reportedly in hand, and the existing zoning framework has supported conversation around meaningful vertical development potential. For an investor, developer, or owner-user, that creates a very different profile than a typical teardown lot. With 259 days on market, this site has also been exposed long enough for serious buyers to study the corridor, entitlement path, and end-user demand instead of rushing into a thin deal.

For families weighing future use or long-term hold value, the school pattern is Austin ISD, with Blackshear Elementary, Kealing Middle School, and Eastside Early College High School serving the area. Those are important local entities, and they help anchor the address in a well-known East Austin school geography. The lot size also matters. At just under 0.28 acres, it is large enough to attract buyers who need more than a standard urban infill footprint but still want a close-in location.

In a market where well-located land has become harder to replace than built product, 1405 Rosewood Ave offers a chance to control a piece of East Austin that should remain relevant as the neighborhood keeps adding density, jobs, and street-level activity.

East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas.

East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail.

Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million.

East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter.

The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options.

East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas.

East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.