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PRICE IMPROVED - BRING YOUR BEST OFFER - SELLER WILL CONSIDER TRADE OPTIONS - See video here - https://www.youtube.com/watch?v=0bi9P2d-XKM - A Rare Opportunity on Over an Acre in Austin's High-Growth Corridor / Discover a unique 1.09-acre property offering exceptional flexibility and potential in one of Austin’s most dynamic areas. The home consists of 3 bedrooms & 1 bath in the front, with an entire separate living area in back with 2 separate entrances, the back consists of 1 1/2 baths, living room, and 4 other rooms which can serve as bedrooms or office space. These bonus rooms at the rear of the home are tenant-occupied, generating additional monthly income presently. Listed both as a residential and commercial opportunity, this beautiful parcel is currently home to a well-maintained residence but is now zoned LR-MU-CO-NP—allowing for a wide range of residential, mixed-use, and commercial developments. Perfect as a covered land play, the existing home can generate income while you plan and pursue future development. Whether you envision creating a boutique residential community, a mixed-use project, or a destination commercial space, the possibilities are truly abundant. Surrounded by exciting new development and increasing density, this property stands out as a rare find in a rapidly growing part of the city. With its strategic zoning, desirable location, and significant lot size, it’s poised to deliver both immediate value and long-term upside for investors, developers, or those seeking a unique live-work opportunity. Endless potential, a prime Austin address, and a canvas for your vision — this is the one you’ve been waiting for. All values are taken from public records and should be verified.
Property Type
Commercial Sale
Year Built
1947
Lot Size
1.09 acres
Garage
4 spaces
Listed by Urbanspace
Verified property facts
500 North Bluff Dr is listed at $1,635,000 with 0 bedrooms, 1.09-acre lot. This places it above the 78745 median of $479,000.
500 North Bluff Dr is a Commercial Sale built in 1947 featuring 0 bedrooms, 1.09-acre lot.
500 North Bluff Dr 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 500 North Bluff Dr is $3,146. 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.
With 20% down ($327,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 500 North Bluff Dr is around $8,746 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
Listing timeline with current price, original ask, and market time.
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($327K)
$1,635,000
Luxury property intelligence
A sourced read on Sweetbriar pricing, timing, and property scale. No automated valuation claim.
List price
$1,635,000
Price per sqft
Not available
Vs. Sweetbriar median
Not available
Days on market
397 days
Original to current
$164K reduction
$1.8M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Apr 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $1,635,000, 500 North Bluff Dr is in the Sweetbriar market where there are currently 169 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
500 North Bluff Dr was built in 1947 (79 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.
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