Builder Redevelopment Opportunity in Prime Clarksville 1201 W 8th St | Austin, TX 78703 Located in one of Austin’s most walkable and in-demand neighborhoods, 1201 W 8th St is a rare redevelopment opportunity that checks every box for builders and developers. Formerly a church and now a 6-plex, this 8,002 SF flat corner lot is zoned MLT FAM DWLG (Multi-Family Dwelling) and offers a flexible foundation for your next high-end project. With all city utilities available at the street and easy access from Blanco Street, South Lamar, and both 5th and 6th Streets, this site is ideal for a teardown and new construction. Clarksville continues to outperform the broader market, with new construction selling between $900–$1,050/SF and design-forward homes averaging under 15 days on market. Condo units directly behind the property at 620 Blanco are selling for $3M+ each, offering a potential resale value of $5.4M–$9M, depending on the build configuration. Whether your vision is a luxury single-family residence, multi-unit build, or boutique condo development, this site delivers the zoning, location, and demand to support it. Buyers in this area are high-income professionals, relocators, and second-home owners who place a premium on walkability. From this lot, you’re just steps from Clark’s Oyster Bar, Whole Foods HQ, Swedish Hill, Better Half Coffee, Pease Park, and the Lady Bird Lake Trail. The property is zoned to the sought-after Mathews Elementary School and sits among some of the most desirable infill builds in the city. With no HOA restrictions, unmatched location, and multiple exit strategies, this is a rare opportunity to build in one of Austin’s strongest performing submarkets. If you're seeking flexibility, lifestyle appeal, and long-term value in Central Austin, 1201 W 8th is the one.
Active
$2,300,000
1201 W 8th St, Austin, TX 78703
--beds
0baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 86 days
- on Zillow |
- 258 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 12:35pm
Listed by:
Carmen Reese (855) 450-0442,
Real Broker, LLC (855) 450-0442
Source: Unlock MLS,MLS#: 4926911

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Rooms
- Room types: Bedroom
Appliances
- Included: See Remarks
Property
Parking
- Parking features: Common
Features
- Patio & porch: See Remarks
- Fencing: See Remarks
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 8,015.04 Square Feet
- Features: City Lot, Corner Lot, Level
Details
- Additional structures: See Remarks
- Parcel number: 01080105070000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Tear Down
- New construction: No
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Clarksville
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Annual tax amount: $10,975
- Date on market: 5/12/2025
- Listing terms: Cash
- Electric utility on property: Yes
- Loading
- Loading