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4501 Gillis ST
Austin, TX, 78745
Incredible infill opportunity in one of Austin's hottest up-and-coming neighborhoods! This 7,487 SF lot (zoned SF-3) comes with an existing 944 SF home — live in it, rent it, or scrape it and build new. Either way, you're sitting on a build-ready asset at a discount. No significant tree or topography issues, and utilities are available at the street, making this a clean, low-friction project for builders and developers ready to put a shovel in the ground. The lot next door at 1321 Redd St (MLS# 6678424) is listed separately at $350,000 — but purchase both and you're working with over 15,000 SF of contiguous SF-3 land in a corridor that Austin clearly has its eye on. Combined pricing is available — call for details. Location couldn't be more dialed in for end buyers. You're minutes from downtown Austin, Austin-Bergstrom International Airport, Gold's Gym, grocery stores, and a thriving local restaurant scene — the kind of walkable, connected lifestyle that commands top dollar when you go to sell.
Property Type
Residential
Year Built
1953
Lot Size
0.35 acres
$/Sq Ft
$424
Garage
4 spaces
Listed by Keller Williams Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
4501 Gillis ST is listed at $400,000 with 3 bedrooms, 1 full bathrooms, 944 square feet, 0.35-acre lot.
4501 Gillis ST is zoned for Austin ISD with assigned schools: Joslin (elementary), Covington (middle), Crockett (high). School assignments should be verified directly with the district.
4501 Gillis ST is a Residential built in 1953 featuring 3 bedrooms, 1 full bathrooms, 944 square feet, 0.35-acre lot.
4501 Gillis ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 4501 Gillis ST is $9,209. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
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.
20% ($80K)
$400,000
Luxury property intelligence
A sourced read on Forest Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$400,000
Price per sqft
$424/sqft
Vs. Forest Oaks median
Not available
Days on market
34 days
Original to current
No verified reduction
$400K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($80,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4501 Gillis ST is around $2,843 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $400,000, 4501 Gillis ST is in the Forest Oaks market where there are currently 167 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
4501 Gillis ST was built in 1953 (73 years ago). Buyers should budget for potential updates to major systems.
4501 Gillis ST includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$400,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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