3506 Grayson LN Austin, TX 78722 New

UPDATED: 01/10/2026 10:03 AM ON MARKET: 4 days on market

$400,000

3 Beds1 Bath1,092 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $366

Subdivision Giles Place Sec 02

MLS Listing ID 1954846

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $11,630

Tax Year 2025

Lot Size 6,904 Sqft

Acres 0.1585

Property Sub-Type Single Family Residence

Source actris

Property Description

Prime development opportunity in 78722—value is in the land and location. This .158-acre, level lot offers excellent frontage and mature trees, surrounded by new construction and ongoing revitalization. Tree, topographic, and boundary surveys have been ordered. The existing structure is a complete renovation or tear-down and should be accessed at your own risk; the lot itself is easy to walk.
Ideally located just minutes from Downtown Austin and approximately 1.5 miles from Mueller, with convenient access to IH-35, Airport Blvd, and 183. A compelling opportunity for builders, developers, or buyers looking to create a custom home or pursue a redevelopment project in a high-demand East Austin neighborhood with strong resale potential. Endless possibilities in a prime location.