— bed, — bath on 0.16 acres in Austin. Austin, TX 78731. $499,000. Austin ISD.
About This Home
Rare infill development opportunity in one of Central Austin's most established neighborhoods. Situated on approximately 6,888 SF, this residential lot offers convenient access to Mopac Expressway, Burnet Road, Downtown Austin, The Domain, UT Austin, and major employment centers.
The property is well-positioned for a custom home build, redevelopment project, or long-term land investment. Surrounded by established residential neighborhoods, local retail, restaurants, parks, and highly desirable Central Austin amenities.
Austin's continued demand for infill housing and recent land-use changes have increased interest in redevelopment opportunities throughout Central Austin. Buyer to verify zoning, development regulations, utility availability, subdivision potential, and all intended uses.
- Property Type
- Land
- Lot Size
- 0.16 acres
Listing information last updated October 7, 2026.
Listed by McAllister & Associates
MLS# 4248045 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Wood
- Lot Size
- 0.16 Acres
Financial
- Original List Price
- $600,000
Utilities
- Electricity Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5021 W Frances PL, whoever represented it.
- ActiveListed 2026Current price: $499,000Original list: $600,000MLS 4248045
- Listed · September 4, 2026$600,000
- Price changed · September 24, 2026$595,000
- Price changed · September 28, 2026$565,000
- Price changed · October 7, 2026$499,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $499,000
- Original list
- $600,000
- Price movement
- $101K reduction
- Listed / DOM
- Sep 4, 2026 · 57 days
Zoned Schools
McCallum
Lamar
Highland Park
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.
Illustrative down payment
20% ($100K)
Adjustable assumption - not a lending recommendation.
Home price
$499,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$499,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
57 days
Original to current
$101K reduction
$600K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 5021 W Frances Pl to the Austin Market
78731 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Browse 78731 Homes for Sale
Active 78731 listings and Northwest Hills market context
Austin ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume
