— bed, — bath on 0.59 acres in Austin. Austin, TX 78721. $925,000. Austin ISD.
About This Home
Prime Central Austin Development Opportunity – SF-3 Zoning Rare opportunity to acquire a highly desirable redevelopment site in the heart of Central Austin. Situated on 4608 Prock Ln, this property is zoned SF-3-NP, offering exceptional potential for investors, builders, and developers looking to capitalize on Austin’s continued infill growth. Under current zoning, the site may accommodate up to three residential units (buyer to verify), creating strong potential for a modern multi-unit build, luxury urban homes, or a small infill development. Located in an established neighborhood with proximity to Downtown Austin, the University of Texas, major employment hubs, and key transportation corridors, this site offers the location, zoning, and flexibility developers seek when building in Austin’s competitive core markets. With limited redevelopment parcels remaining in this area, 4608 Prock Ln represents a valuable chance to secure a centrally located lot with multi-unit potential in one of the fastest-growing cities in the country.
This half-acre parcel at 4608 Prock Lane in Austin sits at the intersection of raw potential and strategic location. The land itself tells the story - a clean, level city lot in the Prock GC subdivision of central Austin's 78721 ZIP code, zoned SF-3-NP and priced at $925,000. This is the kind of canvas that developers and builders in Austin ISD have been hunting for in neighborhoods this close to the urban core.
The horizon here extends in every direction that matters. You're positioned in the geographic center of Austin's growth corridor, with Downtown Austin minutes away and direct access to major employment destinations. The University of Texas campus is within reasonable commute distance, and the major tech employers scattered across the city - Apple, Dell, Tesla, Oracle, and Domain - are all accessible without fighting cross-town traffic. Austin Bergstrom International Airport is a straightforward drive south. This location sits at the convergence of multiple transportation arteries, which translates to consistent demand for whatever gets built here.
The property's true power lies in what you can do with it. SF-3-NP zoning permits up to three residential units on this site, which buyers should verify with the City of Austin Planning Department. That flexibility opens real paths: modern multi-unit infill development, two or three luxury urban homes that capture the central Austin market, or a boutique redevelopment project that respects the established neighborhood character while adding density where the city needs it most. The property is level and ready for development, with no topography complications eating into buildable square footage.
The established neighborhood surrounding 4608 Prock Lane provides the shelter within this larger opportunity. Govalle Elementary, Martin Middle School, and Austin High School serve the Austin ISD families in this area. The neighborhood has the bones of an older Austin community with the bones of an older Austin community, attracting both long-term residents and new buyers who recognize the value of central location over suburban sprawl.
This is one of the last genuinely developable parcels in central Austin's inventory. The market isn't making more land this close to Downtown, the University, and every major Austin employer. That scarcity is real. Twenty-six days on market reflects that this property is still waiting for the right vision to unlock its potential.
The numbers behind this insight
- Offered at
- $925,000
- Listed
- March 5, 2026
- Property Type
- Land
- Lot Size
- 0.59 acres
Listing information last updated March 16, 2026.
Listed by Live Texan Realty
MLS# 3376541 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- City Lot
- Level
- Back Yard
- Lot Size
- 0.59 Acres
Financial
- Original List Price
- $925,000
Utilities
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 4608 Prock Lane Ln, whoever represented it.
- ActiveListed 2026Current price: $925,000Original list: $925,000MLS 3376541
- Listed · March 5, 2026$925,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $925,000
- Original list
- $925,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 5, 2026 · 225 days
Zoned Schools
Austin
Martin
Govalle
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($185K)
Adjustable assumption - not a lending recommendation.
$925,000
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Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$925,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
225 days
Original to current
No verified reduction
$925K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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