Incredible infill opportunity in one of Austin's hottest up-and-coming neighborhoods! This 7,487 SF lot (zoned SF-3) comes with an existing 944 SF home — live in it, rent it, or scrape it and build new. Either way, you're sitting on a build-ready asset at a discount.
No significant tree or topography issues, and utilities are available at the street, making this a clean, low-friction project for builders and developers ready to put a shovel in the ground.
The lot next door at 1321 Redd St (MLS# 6678424) is listed separately at $350,000 — but purchase both and you're working with over 15,000 SF of contiguous SF-3 land in a corridor that Austin clearly has its eye on. Combined pricing is available — call for details.
Location couldn't be more dialed in for end buyers. You're minutes from downtown Austin, Austin-Bergstrom International Airport, Gold's Gym, grocery stores, and a thriving local restaurant scene — the kind of walkable, connected lifestyle that commands top dollar when you go to sell.
Features of 4501 Gillis St
MLS® #
6678424
Price
$400,000
Bedrooms
3
Bathrooms
1.00
Full Baths
1
Square Footage
944
Acres
0.35
Year Built
1953
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Austin
Address
4501 Gillis St
Area
10N
Subdivision
Forest Oaks
City
Austin
County
Travis
State
TX
Zip Code
78745
Amenities of 4501 Gillis St
Utilities
Cable Available, Electricity Available, Natural Gas Available
Features
None
Parking
Carport
Interior of 4501 Gillis St
Interior
Carpet
Appliances
Oven, Range
Heating
Central
Fireplace
No
# of Stories
1
Stories
One
Exterior of 4501 Gillis St
Exterior Features
Private Yard
Lot Description
Back Yard, Front Yard
Roof
Composition
Construction
See Remarks
Foundation
Pillar/Post/Pier
School Information
District
Austin ISD
Elementary
Joslin
Middle
Covington
High
Crockett
Additional Information On 4501 Gillis St
Days on Market
106
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Keller Williams Realty(512) 437-1059. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 11:31pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.