3 bed, 2 bath, 1,689 sqft on 1.33 acres in Austin. Austin, TX 78725. $840,000. Austin ISD.
About This Home
A rare riverfront opportunity in Austin—offering 1.33 acres of extraordinary land with endless potential. With direct Colorado River frontage on one side and Boggy Creek access on the other, this expansive lot provides a unique canvas to create the riverfront retreat you’ve always envisioned, all just minutes from downtown. The existing single-story home, built in 1968 with bricks repurposed from the historic Avenue Hotel on Congress (circa 1870), offers timeless character and the chance to modernize or rebuild to suit your vision. Whether you choose to preserve its charm, expand the footprint, or design a completely custom estate, the surrounding natural beauty provides an unmatched backdrop. Imagine kayaking from your backyard, hosting gatherings along the water, or simply relaxing to the peaceful sounds of the river. This property combines serenity with convenience - offering an easy commute to downtown while feeling worlds away. Opportunities like this -large, private, riverfront acreage so close to the heart of Austin - rarely come to market. Create something truly exceptional here. Schedule your private tour today to explore the possibilities.
This 1968 single-family home on 1.33 acres in Austin sits on one of Austin's rarest parcels: land with direct Colorado River frontage on one side and Boggy Creek access on the other. The existing structure, built from reclaimed bricks salvaged from the historic Avenue Hotel on Congress, carries genuine Austin history in its bones. At 1,689 square feet across three bedrooms and two full bathrooms, the home itself is intimate and honest, the kind of place where every room tells a story rather than performing one.
Inside, the eclectic character reveals itself through original details and quirky spatial relationships that define homes from this era. The brick walls radiate warmth in a way no modern facade can replicate. Natural light filters through windows positioned to capture river views and creek breezes. This is lived-in comfort: hardwood floors worn by decades of footsteps, doorways sized for a different time, rooms that connect in unexpected ways. The property feels like it has personality because it actually does. It's not trying to be something; it just is.
The land itself is the true story. From the backyard, you can launch a kayak directly into the Colorado River. The sprawling lot creates genuine seclusion despite being minutes from downtown Austin. This combination rarely appears on the market. The natural canopy, the water access, the sense of space - these are the bones of something extraordinary, whether that's thoughtful restoration or complete reimagining. The existing structure offers immediate shelter and substantial tax basis for development. Del Valle ISD serves the property through Hornsby-Dunlap Elementary, Dailey Middle School, and Del Valle High School.
The location anchors you between nature and opportunity. Austin's position offers quick access to downtown while the river frontage maintains true separation from urban density. The property sits at $875,000, or $518 per square foot for the existing structure - a valuation driven by land potential rather than the home's current footprint. Ninety-five days on market reflects the specificity of this opportunity: this isn't a property for everyone, only for those who recognize what riverfront acreage close to Austin's center actually means. This is land where your vision doesn't fight the site but flows with it.
The numbers behind this insight
- Offered at
- $840,000
- Listed
- January 8, 2026
- Price changes
- 1, down 4% from $875,000
- Asking price per sq ft
- $497
- Property Type
- Residential
- Year Built
- 1968
- Lot Size
- 1.33 acres
- Price / Sq Ft
- $497
- Garage
- 2 spaces
Listing information last updated September 17, 2026.
Listed by RE/MAX Fine Properties
MLS# 4732163 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Primary Bedroom on Main
- Storage
- Gas Cooktop
- Oven
- Stainless Steel Appliance(s)
- Water Heater
- Carpet
- Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Brick
- Back Yard
- Front Yard
- Private
- Many Trees
- Views
- Chain Link
- Wood
- Slab
- Front Porch
- Patio
- Roof
- Shingle,Tile
- Lot Size
- 1.33 Acres
- Door-Multi
- Garage
- Garage Faces Side
- Storage
- Workshop in Garage
- Garage Spaces
- 2
- Creek
- River Front
Financial
- Original List Price
- $875,000
- Price per Sq Ft
- $497
Utilities
- Electricity Connected
- Natural Gas Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
5 records on file
Every recorded listing, sale, and lease at 7705 Shelton RD, whoever represented it.
- ActiveListed 2026Current price: $840,000Original list: $875,000MLS 4732163
- Price changed · August 18, 2026$840,000
- ActiveListed 2026Current price: $840,000Original list: $840,000MLS 4194377
- Listed · September 17, 2026$840,000
- WithdrawnListed 2025Current price: $999,000Original list: $1,100,000MLS 3631006
- ExpiredListed 2024Current price: $1,100,000Original list: $2,750,000MLS 8809457
- ExpiredListed 2024Current price: $1,100,000Original list: $2,750,000MLS 4611851
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
Price Change with current price, original ask, and market time.
- Current list
- $840,000
- Original list
- $875,000
- Price movement
- $35K reduction
- Listed / DOM
- Jan 8, 2026 · 281 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $453,819
- Assessment Year
- 2025
- Year Built
- 1968
- Parcel ID
- 000000190241
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+19.9% | — | $453,819 | — | — |
2024+7.1% | — | $378,457 | $26,600 | $252,916 |
2023+9.2% | — | $353,325 | $26,600 | $351,857 |
2022 | — | $323,618 | $26,600 | $326,725 |
Virtual Tour

Zoned Schools
Eastside Early College
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% ($168K)
Adjustable assumption - not a lending recommendation.
$840,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$840,000
Price per sqft
$497/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
281 days
Original to current
$35K reduction
$875K 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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