2 bed, 1 bath, 1,194 sqft on 0.59 acres in Austin. Austin, TX 78723. $749,000. Austin ISD.
Welcome to a rare, half-acre urban oasis offering the perfect blend of lifestyle, location, and limitless potential. Whether you're a developer, investor, or homeowner dreaming of a self-sustaining compound, this property delivers a one-of-a-kind opportunity in one of Austin’s most rapidly appreciating neighborhoods. Tucked between Mueller’s master-planned community and Morris Williams Golf Course, this expansive 25,555 sqft lot spans street-to-street from Pecan Springs to Touchstone, providing multiple access points and unmatched flexibility. Zoned and ready to be subdivided into three generous 8,518 sqft lots, this property is already primed for a high-yield nine-home development thanks to updated land-use laws—making it a developer’s dream. The fully remodeled 1 bed, 1 bath residence is move-in ready with all the modern upgrades: new roof, plumbing, electrical, HVAC, spray foam insulation, tile, flooring, and custom cabinetry. With a simple layout adjustment, it can easily be converted into a 2-bedroom home. Whether you choose to live, lease, or leverage it as part of a future multi-home plan, the possibilities are endless. At the rear of the property, a massive barn opens the door to even more options—convert it into a short-term rental (STR), yoga studio, artist loft, music production space, or creative office. The barn showcases the site's incredible versatility and income-producing potential. Love the idea of farm-to-table living in the city? This compound has space for your own chicken coop, raised garden beds, and more—offering a true urban homestead experience with all the perks of city living: quick access to Austin-Bergstrom Airport, Mueller’s shopping and dining, hike & bike trails, and downtown just minutes away. Don't miss this exceptional opportunity to own, develop, and profit from one of East Austin’s most flexible and desirable parcels. These properties are increasingly rare—schedule a showing today to explore the full potential.
This half-acre property at 3501 Pecan Springs Rd in Marlo Heights represents something increasingly rare in East Austin: a blank canvas with character and real development potential. Built in 1950, the main residence is a 2-bedroom, 1-bathroom home on 0.5877 acres that's been comprehensively updated with modern systems including spray foam insulation, new electrical, plumbing, and HVAC. At $899,000 ($753 per square foot), you're buying into a neighborhood positioned between Mueller's master-planned community and Morris Williams Golf Course, two significant anchors shaping this area's trajectory.
The lot itself is the real story. Spanning street-to-street from Pecan Springs Road to Touchstone, this property sits in an Austin ISD neighborhood served by Blanton Elementary, Lamar Middle School, and Northeast Early College High School. The mature trees and cleared landscape give the space an open, breathing quality that contrasts sharply with typical infill development. Multiple access points and zoning flexibility mean this parcel can function as a single compound or be subdivided into three distinct lots under current land-use frameworks.
What makes this address compelling isn't just development economics. The existing residence has livable bones: multiple living areas spread across the main floor, primary bedroom on the first level, an eat-in kitchen with granite counters, and recessed lighting throughout. Front and side porches frame outdoor living spaces. The rear of the property includes a barn structure that opens toward genuine versatility - whether that's a short-term rental, creative studio, or workshop for someone pursuing urban homesteading. The garden space and level topography support raised beds or small-scale cultivation.
Location puts this at an intersection of transit and growth. East 51st Street and I-35 sit minutes away. Downtown Austin is roughly 8-10 minutes by car. Austin-Bergstrom Airport is accessible for commuters. Mueller's retail district, restaurants, and hike-and-bike trail system are directly adjacent, making this less isolated than many other properties with similar acreage inside city limits.
The 207-day market time reflects how seriously investors and developers are evaluating this corridor. Marlo Heights continues appreciating as Mueller develops, and zoning evolution along this stretch of Austin has created opportunities most urban properties no longer offer. Whether your priority is living on a functional compound, capturing near-term lease income from the barn space, or positioning for future subdivision, the infrastructure here supports multiple pathways.
Verified property facts
3501 Pecan Springs Rd is listed at $749,000 with 2 bedrooms, 1 full bathrooms, 1,194 square feet, 0.59-acre lot. This places it above the ZIP 78723 single-family closed-sale median price of $547,100 (ZIP 78723 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 6, 2026).
3501 Pecan Springs Rd is zoned for Austin ISD with assigned schools: Blanton (8/10) (elementary), Lamar (Austin ISD) (middle), Northeast Early College (6/10) (high). School assignments should be verified directly with the district.
3501 Pecan Springs Rd is a Residential built in 1950 featuring 2 bedrooms, 1 full bathrooms, 1,194 square feet, 0.59-acre lot.
The most recent annual property tax for 3501 Pecan Springs Rd is $10,896. 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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Listing information last updated August 28, 2026.
Listed by Local Life Realty, LLC
MLS# 6444337 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
4 records on file
Every recorded listing, sale, and lease at 3501 Pecan Springs RD, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending 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 |
|---|---|---|---|---|
2025-3.5% | — | $532,624 | — | $94,852 |
2024+1.2% | — | $551,730 | $230,000 | $358,759 |
2023+52.0% | — | $545,191 | $402,500 | $149,230 |
2022+17.1% | — | $358,710 | $402,500 | $142,691 |
2021 | — | $306,331 | $230,000 | $128,710 |

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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($150K)
Adjustable assumption - not a lending recommendation.
$749,000
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List price
$749,000
Price per sqft
$627/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
391 days
Original to current
$301K reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 7, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 3501 Pecan Springs Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 7, 2026, 3501 Pecan Springs Rd is offered at $749,000. The current MLS snapshot shows 86 active listings in 78723. Keenan Group has completed 21 verified transactions in 78723 within its 1,000+ completed transactions and $1B+ career volume across Austin.
3501 Pecan Springs Rd was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
12 events on record
Current Price
$749,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-3.5% | — | $532,624 | — | $94,852 |
2024+1.2% | — | $551,730 | $230,000 | $358,759 |
2023+52.0% | — | $545,191 | $402,500 | $149,230 |
2022+17.1% | — | $358,710 | $402,500 | $142,691 |
2021 | — | $306,331 | $230,000 | $128,710 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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| 2215 Mc Bee ST | $1.10M |
| 5415 Claymoor DR | $520K |
| 1403 Ridgemont DR | $575K |
| 4603 Vaughan ST | $878K |
| 7209 Geneva Dr | $503K |
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Somewhat Bikeable
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