— bed, — bath on 0.25 acres in Austin. Austin, TX 78741. $485,000. Austin ISD.
About This Home
Rare Development Opportunity in Austin's Transforming East Riverside Corridor.
Two adjacent cleared lots are being sold together, offering approximately 10,934 square feet of development potential just minutes from Downtown Austin. Public water, sewer, electricity, and natural gas are available, saving valuable time and site preparation costs.
The current lot configuration allows for approximately 5,500 square feet of total buildable area. Buyers looking to maximize value may have the opportunity to replat the two parcels into a single lot, increasing build potential to approximately 6,000 square feet (buyer to verify with the City of Austin), creating an exceptional highest-and-best-use opportunity.
The East Riverside Corridor is one of Austin's fastest-growing redevelopment markets, with more than $2.1 billion in projected private investment through 2028, highlighted by the transformative $4 billion River Park mixed-use development. The property is also located near the planned Project Connect East Riverside Light Rail, providing future connectivity to Downtown Austin, with a planned airport extension identified as a future priority.
Ideal for builders, developers, and investors seeking redevelopment potential in a premier location with convenient access to Downtown Austin, Lady Bird Lake, South Congress, East Austin, Oracle, Tesla, Austin-Bergstrom International Airport, restaurants, shopping, and entertainment.
Both parcels must be purchased together. Buyer to verify all development potential with the City of Austin.
- Property Type
- Land
- Lot Size
- 0.25 acres
Listing information last updated July 28, 2026.
Listed by Douglas Elliman Real Estate
MLS# 5115464 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cleared
- Lot Size
- 0.25 Acres
Financial
- Original List Price
- $485,000
Utilities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 6206 & 6208 Ponca ST, whoever represented it.
- ActiveListed 2026Current price: $485,000Original list: $485,000MLS 5115464
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
- $485,000
- Original list
- $485,000
- Price movement
- No verified reduction
- Listed / DOM
- Jul 28, 2026 · 80 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $231,950
- Assessment Year
- 2025
- Year Built
- 1947
- Parcel ID
- 000000285642
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-15.6% | — | $231,950 | — | — |
2024+10.7% | — | $274,815 | $270,000 | $46,807 |
2023+26.3% | — | $248,274 | $150,000 | $124,815 |
2022 | — | $196,499 | $105,000 | $143,274 |
Zoned Schools
Eastside Early College
Martin
Allison
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% ($97K)
Adjustable assumption - not a lending recommendation.
$485,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$485,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
80 days
Original to current
No verified reduction
$485K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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