#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Investor and builder opportunity. 0.308-acre level lot zoned R-3 (Single Family, Duplex, and Zero Lot Line Two-Family District). Property includes new fencing & a teardown home, creating an ideal blank canvas for redevelopment. Build a single-family rental or duplex and create a strong long-term cash-flow opportunity. No HOA for maximum flexibility and fewer restrictions. Mature trees and no neighbors on one side offer a rare combination of privacy and convenience. Located close to H-E-B, gyms, and major roadways, making it attractive for future tenants or resale. Prime location, flexible zoning, and strong upside. *buyer to do due diligence
Property Type
Land
Lot Size
0.31 acres
Listed by KWLS - T. Kerr Property Group
Property Details
Lot Features
Waterfront
Verified property facts
503 W Alamo ST is zoned for Elgin ISD with assigned schools: Trinity Ranch (elementary), Elgin (middle), Elgin (high). School assignments should be verified directly with the district.
503 W Alamo 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.
With 20% down ($27,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 503 W Alamo ST is around $982 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $139,900, 503 W Alamo ST is in the Smith, J S market where there are currently 281 active listings in 78621.
503 W Alamo ST includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Elgin ISD
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% ($28K)
$139,900
Luxury property intelligence
A sourced read on Smith, J S pricing, timing, and property scale. No automated valuation claim.
List price
$139,900
Price per sqft
Not available
Vs. Smith, J S median
Not available
Days on market
165 days
Original to current
$10K reduction
$149.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Smith, J S
Active listings near 503 W Alamo ST
Recent sales for market context
