4902 Pecan Springs Rd - 4902 Pecan Springs Rd 1.97 Acres of Commercial Land Offered at $2,500,000 in Austin, TX 78723

Prime East Austin Estate, Urban Farm, or Development Opportunity. Experience country living in the heart of East Austin at 4902 Pecan Springs Rd. Nestled on an expansive 1.97-acre lot, this rare urban retreat in East Austin’s thriving 78723 corridor offers privacy, space, and endless potential-just minutes from downtown Austin, the UT, ABIA airport, and the vibrant Mueller development. With easy access to major highways, parks, and retail, this property is perfect for homeowners, investors, or developers seeking a unique blend of tranquility and connectivity. This home has 3-bedrooms, 3-baths, + office and spans over 2,200 sq ft. It features hardwood floors, abundant natural light, and a flexible layout. Surrounded by mature trees and open green space, the property evokes a peaceful, rural feel while being centrally located in one of Austin’s fastest-growing neighborhoods. Zoned SF-3, the land offers significant development possibilities. Whether you're envisioning a private estate, subdividing for multiple units, or holding for future appreciation, this plot offers buyers an unparalleled opportunity to capitalize on Austin’s evolving landscape. The property supports “small lot single-family residential use, ” allowing for development on lots as small as 1,800 sq ft under the City of Austin’s HOME Initiative-approved code changes - perfect for maximizing the potential of this site. Preliminary site assessment available upon request. IMPORTANT NOTE - 4902 can be purchased together with adjacent 4806 Pecan Springs Rd, creating a combined 3.71-acre tract with reduced package pricing. With flexible SF-3 zoning, this rare assemblage is ideal for developers, investors, or owner-builders seeking scale, location, and upside. This is a rare opportunity to secure a large tract in one of Austin’s most active growth zones. Occupied by tenant – please do not disturb or enter the property. Photos taken over recent years during vacancy; interior and exterior updates possible.