2501 Inwood Pl, Austin, TX 78703

Embrace the opportunity of an expansive .40-acre corner lot located just minutes from downtown. Recently demolished and cleared, the property is ready for immediate action, offering a clean slate for your next vision. Now enhanced with professional development concepts, this unique site includes SFR private compound schematics, two-structure design options, and subdivision concepts, giving buyers multiple pathways to bring their vision to life. With captivating topography, a distinctive bridge feature, and a stellar location just 1.5 miles from downtown, this highly buildable lot offers an exceptional opportunity to collaborate with your architect, reimagine what’s possible, or break ground on a truly extraordinary Central Austin retreat.

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.