$271,000
1306 Lily Ter, Austin, TX, 78741
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About this property
Attention Investors! Bring your Paint Brushes! Unleash your dream home potential in the thriving Montopolis neighborhood, one of Austin's most rapidly developing areas. This exceptional property boasts a spacious level lot, brimming with possibilities for transformation. Whether you envision a meticulous remodel or a fresh start with new construction, this blank canvas awaits your creative vision. Free from the constraints of a homeowners association, you have the freedom to craft a living space that aligns perfectly with your lifestyle and aspirations. The property's prime location, nestled amidst the flourishing east Riverside corridor, offers effortless access to the newly expanded Hwy-183 and a swift commute to downtown Austin's vibrant attractions. With its generous lot, this property presents an unparalleled opportunity to design a home that reflects your unique style and exceeds your expectations. Embrace the chance to revitalize this existing structure or embark on a new construction project, tailoring your dream home to suit your every need and desire. Seize this remarkable investment opportunity and craft a haven that embodies your aspirations in one of Austin's most promising neighborhoods. Contact us today to schedule a viewing and let your imagination soar!
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Learn About the Market: Opportunity in Austin




Explore
Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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