1507 E Highway 71, Austin, TX 78742
OFF MARKET
  • 1 Bed
  • 1 Bath
  • 39,204 sqft
  • 1 Bed
  • 1 Bath
  • 39,204 sqft

1507 E Highway 71, Austin, TX 78742

Home Highlights

Property Type
Single-Family Home
Living Area
39,204 sqft
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 1507 E Highway 71.
  • Schools1 Preschool School1 Elementary School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

INVESTMENT HIGHLIGHTS

Central location close to Austin Airport and Downtown Austin.
Attractive buildable lot with natural boundaries of trees.
EXECUTIVE SUMMARY

Outstanding investment opportunity with a great location. The lot is under 5 mins to the Airport Terminals. The Tesla gigafactory is under 15 mins and travel to downtown Austin is 15 mins or less. The occupancy rate for the planned 10 unit hotel should be high as are all the Airport hotels. The current owner has invested heavily in civil engineering, landscape design, and planning for future traffic flow and parking. The submitted site plan allows for a lucrative use of the lot(estimated 10 unit hotel annual revenue of $250k+). However, the purchase of the lot at this stage still allows much flexibility for a new owner to modify plans to suit the new owners preferences. Only serious inquiries from real estate agents please. Due to the ongoing investment in this property, the price is likely to be adjusted upwards as more is invested. This lot represents a tremendous value to a buyer since over $300,000 has already been spent/committed to development of this lot. The Price per Acre is only $1.5M for this lot factoring in the development already in process and this is below comps for the surrounding properties (avg Price per Acre of $1.8M). All receipts and documentation for development of this lot are available on request. When approved, the Site Plan is transferable to the new owner along with the current development plans.

Outstanding investment opportunity with a great location.
1507 E Highway 71, Austin, TX 78742 is a 1 bedroom, 1 bathroom, 39,204 sqft single-family home. More recently, it was listed as a rental in October 2024 with an asking price of $3,200 per month. That rental listing was removed on October 19, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,461/month.

Home Details for 1507 E Highway 71

Interior Features

Heating & Cooling
Heating: Wall FurnaceAir ConditioningCooling System: Central Air, Wall UnitHeating Fuel: Wall Furnace
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Rent to OwnAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
Parking: Attached Off Street, On Site

Comparable Sales for 1507 E Highway 71

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7620 Cayenne Ln, Austin, TX
0.89
Single-Family Home
-
02/27/26
3
2
1,586 sqft
7628 Cayenne Ln, Austin, TX
0.87
Single-Family Home
-
11/17/25
4
2
1,586 sqft
6908 Villita Cv, Austin, TX
1.00
Single-Family Home
-
03/23/26
3
2
1,186 sqft
1517 Anise Dr, Austin, TX
1.01
Single-Family Home
-
03/16/26
3
2
1,203 sqft
6409 Felix Ave, Austin, TX
1.34
Single-Family Home
-
06/04/26
2
1
672 sqft
6706 Cruz St, Austin, TX
1.22
Single-Family Home
-
03/10/26
1
892 sqft
800 Vargas Rd, Austin, TX
1.30
Single-Family Home
-
01/14/26
1
1,138 sqft
314 Saxon Ln, Austin, TX
1.41
Single-Family Home
-
04/06/26
3
2
1,130 sqft
6502 Porter St, Austin, TX
1.35
Single-Family Home
-
08/13/26
3
3
1,028 sqft
7101 Cayenne Ln, Austin, TX
1.12
Single-Family Home
-
07/23/26
2
1,586 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Austin

Last updated May 2025
Trulia Rent Estimate$1,461/mo
Average rent
$1.99K
$28MoM
Available listings
5392
View rental market trends in Austin, TX

Around this home

What Locals Say about Austin

At least 6454 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 82 % Say car is needed

  • 77 % Say parking is easy

  • 75 % Say there are sidewalks

  • 68 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 65 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 58 % Say kids play outside

  • 52 % Say streets are well-lit

  • 51 % Say it's walkable to restaurants

  • 51 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "This is a very dog friendly neighborhood. We also have a dog park. "
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  • Trulia User
    "Lived in area 12 years it used to be “the hood” still has some of that here but not like before mostly safe but ladies stop jogging break of dawn or walking alone at night. Been more than 3 murders in the past 4 years within 5 min of this property and the crime type still has a presence here but that is what happens if you gentrify a area fast it takes time to change a whole area "
    1
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  • Ajaysubudhi
    "Great community , easy access to main roads and markets. Greenery and safe environment . Though it’s my first time in Austin but I like this place too much."
    0
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  • Izzy
    "Good but not great but just because of all the construction delays."
    0
    Flag
  • Tom Barnett
    "Our park on the lake is great for many big events during the year such as July 4th or Easter. "
    0
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  • EM
    "love this area! People are kind, dogs are all well behaved and mostly quiet, good walking spots! feels safe even in the evening"
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  • Nick Sicam
    "Plenty of sidewalks for dog walking and wide neighborhood streets . Plenty of parks as well"
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  • B.sells
    "We absolutely love living in this neighborhood! Everyone here is incredibly friendly and welcoming. People take great pride in their homes and lawns, which makes the entire area feel beautiful and well cared for. It’s also very dog-friendly, and the walking trails surrounding the neighborhood are perfect for daily walks and getting outside. Our neighbors are polite, respectful, and the community is generally very quiet and peaceful. It’s been such a wonderful place to call home!"
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  • Adriana
    "A solid, unpretentious neighborhood where people genuinely look out for each other. It feels safe enough that early morning solo runs before sunrise are no big deal, and you’ll often cross paths with neighbors walking their dogs. Kids play outside, which says a lot about a place. It’s quiet and green, with mature trees that give it a settled, established feel. For all that calm, you’re still just minutes from downtown Austin and the shops and restaurants at Mueller. Commuters will appreciate the easy access to major freeways — it’s one of those rare spots where you get peaceful streets without sacrificing convenience. I’ve lived here for 9 years."
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  • Trulia User
    "Neighbors actually look out for each other - the kind of place where someone sets out seeds and dried plants for anyone who wants them. Kids play outside, and people say hello when they pass. It’s a good spot to call home."
    0
    Flag
  • Trulia User
    "Convenient and easy to commute to and from, close to downtown and the lake. Easy shopping and some restaurants close."
    1
    Flag
  • Niyiriss
    "I have lived in this neighborhood for over 3 years and I love it here. We are a family of 5 and I have kids, all my family loves it here."
    0
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  • Diana Figueroa
    "Lots of families and dog walkers. Close to lots of shopping centers and grocery stores. Good schools nearby. Houses are a little pricey."
    0
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  • Ashlynncoffee
    "We have such friendly & caring neighbors! People with children who love to garden & care for animals. Always saying hello and asking if we need anything. It’s a great place to live!"
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  • Anne Marie Ioliver
    "It is very quiet in Pflugerville. It is very peaceful here. I enjoy walking in the parks and by Lake Pflugerville."
    0
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  • Klsbean
    "My son and family have lived in Brentwood for over 10 years. This neighborhood is fabulous, a real sense of community. My grandsons go to the elementary school and they love it. "
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  • Katherine Tarr
    "Wonderview Preschool is an excellent preschool. This neighborhood is filled with families, walking there, dogs, and pushing strollers. It’s just a fun place to be."
    1
    Flag
  • Sharptopbear
    "Waste stations provided and serviced by HOA. Low traffic area with sidewalks. Friendly neighbors……."
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  • JLMB
    "A close to key conveniences- grocery, pharmacy , clothes shopping , library. etc. Good walking but no dry cleaner, bank etc. Quality Public transportation is lacking . This is not a real traditional large city . It is a sunbelt city grafted in to an older smaller community ."
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  • Rhemnaq
    "The neighborhood kids seem to love it I saw a few of them playing on the block safely and the other parents seem to be very attentive "
    0
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  • Jake Finsta
    "There is a high school next door and the neighborhood is always very lively. Not a ton of specific events that are thrown, but great city "
    0
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  • Daniel.becka
    "Lots of dogs in the neighborhood, walking and running. Lots of green space for them to explore. Very pet friendly. "
    1
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  • Chad Yokum
    "This neighborhood is not near public transportation. During peak hours, 7:30am-9am and 3:45-6:30 it can take 45-50 minutes to get downtown. It’s just 20 minutes when traffic is flowing. "
    1
    Flag
  • Crystal Sheffield
    "I live in this area commute to work, no problems and privacy. Apartment is very attentive to service calls. "
    0
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  • Karina Mendoza
    "Super close to the freeway and honestly tucked away so hardly any traffic ever and I love it and would definitely recommend the area. The only downside is is sometimes the homeless population gets a little out of control and can be quite aggressive. They also dumpster dive very frequently, but for the most part, they are really nice and respectful."
    1
    Flag
  • Crystal Sheffield
    "Not a bad neighborhood, there are kids for couples with children. I haven’t had any packages stolen. Or maintenance problems."
    0
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  • Shery Abbassi
    "Aggressive dogs not on leash and owners making you feel like it’s your fault an your dogs issue and they are entitled "
    0
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  • Unspecified
    "It’s family friendly and plenty of things to do for all ages. Many restaurants to choose from and lots of choices for retail shopping and grocery shopping. "
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  • Vivian Balderas
    "Food truck really close walkable distance to anything and everything. Friendly neighborhood. I’ve met half the people on my block. A lot of people walk their dogs. It’s a family friendly neighborhood. I see the neighbors walking with their children and their families are comfortable visiting them here in this neighborhood. I feel safe in this neighborhood. It’s a quiet neighborhood. There’s the capital Metro rail and it’s not loud. It’s Neighbourhood friendly. I recently had a tree farm in my yard and someone visiting a neighbor on my block, called the police department for me and notified me right away during the storm."
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  • Colleen Kerstein
    "Highpointe of Dripping Springs is a great family development.There are schools and shopping nearby. "
    0
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  • Raychen2
    "A lot of churches within walking distance. And a very safe community with primary school within walking distance. It has a community park within walking distance, a very friendly neighborhood."
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  • Chadyokum
    "Nice, has all shopping, nice homes, trees, everything you need. Great schools too. Tons of families and kids run free in our hood. "
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  • Katy Glazebrook
    "Good during off season of school. Not great once school in session as there is really only one way in and out to here."
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  • Jenniemgloyd
    "Tons of ppl walking dogs. Very dog friendly. Lots of poop stations. People and dogs friendly. Clean parks. "
    0
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  • Carol Higgins
    "Pet friendly, quiet and clean Safe area and well lit, stable neighborhood Walking is easy and close to a park "
    0
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  • Angela D. Jenkins-bey
    "Parks close by. Futsal court at high school. Bike to mueller. Close to everything. Bus access is good. "
    0
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  • Rdvnv4mn5n
    "Community events in many different areas around Lake Travis such as art and craft fairs, farmers markets, concerts, etc"
    0
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  • Manoj.vastrad
    "Quiet and tree lined. Not crowded but easy access to amenities. Close to shopping, restaurants, grocery, movie theatre. "
    0
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  • Khonnick
    "This is a dog loving neighborhood. Most of my neighbors have dogs. People seem to take good care of their pets and clean up after them properly. "
    0
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  • Heather N.
    "Galindo is very community oriented. We often have block parties and neighborhood get togethers. The neighborhood association is very active as well."
    0
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LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Oct 19, 2024
Source: Zillow Rentals
ListingRemoved
$3,200
Oct 3, 2024
Source: Zillow Rentals
Listed For Rent
$3,200
Jun 7, 2024
Source: Zillow Rentals
ListingRemoved
May 17, 2024
Source: Zillow Rentals
Listed For Rent
$111

Frequently asked questions about 1507 E Highway 71

  • Is Austin a buyer's or seller's market?
    Austin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $586K. That is up $14.3K from the prior month.
  • What do residents say about Austin?
    Residents describe Austin, TX as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Austin, TX.
  • What are the closest schools to 1507 E Highway 71?
    The closest schools to 1507 E Highway 71 in Austin, TX are Allison Elementary School (Pre-K, rated 3/10), Eastside Memorial High School (rated 1/10).
  • Does 1507 E Highway 71 have air conditioning?
    Yes, 1507 E Highway 71 in Austin, TX has air conditioning.
  • Does 1507 E Highway 71 have a pool?
    Yes, 1507 E Highway 71 in Austin, TX has a pool.

Homes for rent near 1507 E Highway 71

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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