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3506 Grayson LN
Austin, TX, 78722
$400,000
3 Beds
1 Baths
1,092 SqFt
0.16 Acres
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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.

Property Details

Price:
$400,000
MLS #:
1954846
Status:
Active
Beds:
3
Baths:
1
Address:
3506 Grayson LN
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Giles Place Sec 02
City:
Austin
Listed Date:
Jan 9, 2026
State:
TX
Finished Sq Ft:
1,092
ZIP:
78722
Lot Size:
6,904 sqft / 0.16 acres (approx)
Year Built:
1950
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Schools

School District:
Austin ISD
Elementary School:
Maplewood
Middle School:
Kealing
High School:
McCallum

Interior

Appliances
None
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
See Remarks
Heating
None

Exterior

Community Features
None
Exterior Features
Private Yard
Other Structures
Shed(s)
Parking Features
Driveway
Roof
Composition

Financial

Taxes
$11,631

Map

Community

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3506 Grayson LN
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