3506 Grayson Ln Austin, TX $ 400,000
3506 Grayson Ln
$ 400,000
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3506 Grayson Ln

Austin, TX, 78722
$ 400,000
Bedrooms3 Baths1.0 Sq 1,092

Monthly Estimate*

$ 2,463

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Single Family Home for sale in Austin, TX

for $400,000 with 3 bedrooms and 1 full bath. This 1,092 square foot home was built in 1950 on a lot size of 0.1585.

Prime development opportunity in 78722—value is in the land and location. This .158-acre, level lot offers excellent frontage and mature trees, surrounded by new construction and ongoing revitalization. Tree, topographic, and boundary surveys have been ordered. The existing structure is a complete renovation or tear-down and should be accessed at your own risk; the lot itself is easy to walk. Ideally located just minutes from Downtown Austin and approximately 1.5 miles from Mueller, with convenient access to IH-35, Airport Blvd, and 183. A compelling opportunity for builders, developers, or buyers looking to create a custom home or pursue a redevelopment project in a high-demand East Austin neighborhood with strong resale potential. Endless possibilities in a prime location.

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Single Family Active

Price

$ 400,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 12,972

Style

Single Family Residence

Lot Size

0.1585

Year Built

1950

Town/City

Austin

County/Region

Travis

MLS | Web ID

1954846

Features
General
Living Area 1092
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Composition
Appliances None
Garage Spaces 0
Patio/Porch Features Awning(s) Porch
Pool Features None
Construction Materials Vertical Siding
Year Built 1950
View None
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
County Travis
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Giles Place Sec 02
Facing Direction Southeast
Green Sustainability None
Other Structures Shed(s)
Full Baths 1
Status Active
Directions From I-35 Go East On 38 1/2 St. Turn Right on Grayson Ln. Property is on the Right.
High School McCallum
City Austin
Disclosures None
MLS Area 3
Lot Size Square Feet 6904.26
Elementary School Maplewood
Tax Annual Amount 11630.77
Middle/Junior High School Kealing
Property Condition See Remarks
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 586875
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Interior
Interior Amenities See Remarks
Flooring See Remarks
Total Fireplaces 0
Window Features None
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
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Exterior
Exterior Amenities Private Yard
Fencing Back Yard Chain Link Wood
Parking Features Driveway
Lot Features Back Yard Front Yard Level
Water Source Public
Total Parking 2
Foundation Details Slab
Lot Size Acres 0.1585
Waterfront Y/N N
Covered Spaces 0
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 3506
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* Excluded Features
List By
Sumina Bhatti

Listing Agent

Compass Re Texas, Llc

Broker

sumina.bhatti@compass.com

Email

Affordability Calculator

$3,544
Per Month
69%
31%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$1,081
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360517 Elementary School
4360346 Middle School
McCallum High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$400,000 Listed Price

Map


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3506 Grayson Ln, Austin, TX, 78722 is a Single Family Home for sale at $400,000 with 1,092 sqft and a lot size of 0.1585. 3506 Grayson Ln has 3 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 78722 which is in Austin, TX