Description
Prime Govalle Mixed-Use / Commercial Redevelopment Opportunity with Prime High-Yield Potential! Positioned directly in the path of East Austin's explosive growth, 920 Shady Lane presents an exceptional adaptive reuse or ground-up commercial redevelopment opportunity in the heart of the Govalle neighborhood. Strategically located steps from the Airport Boulevard Core Transit Corridor, this prime land has highly desirable level topography, excellent street visibility, and direct, easy access to major transit veins heading North, South, and straight into Downtown Austin. The deep lot currently houses two existing structures (a 4-bedroom main home and a 2-bedroom rear unit) along with a large workshop and two existing utility hookups, offering immediate holding-income potential or flexibility during the entitlement and permitting phase. Surrounded by rapid high-density office, residential, and retail transformation, the location benefits from continuous foot and vehicle traffic, anchored by local staples like Dan's Hamburgers directly across the street and major adaptive reuse hubs like Hi Sign Brewing down the block. Whether you're looking to scrape and build a sleek new commercial footprint, execute a high-density boutique development, or capitalize on East Austin’s premier corridor momentum, this site delivers the location, scale, and access to execute your vision.
Property Details
| Status | Active |
| MLS # | ACT238457111 |
| Taxes | $14,575 (2026) / year |
| Type | Commercial Sale |
| Year Built | 1937 |
| Living Area | 2,774 Sq. Ft. |
| Lot Size | 0.72 AC / 31,293 SF |
| County | Travis |
| Subdivision | Shady Lane Add |
Property Information
Parking
Utilities & Construction
Directions: From I-35 N go right on 7th street. Right on N Pleasant Valley Rd. Left on E 5th St. Left on Shady Ln. Home is on the Left after crossing over Boggy Creek.
Location
Property History
| Date | Event | Price |
|---|---|---|
| Aug 14, 2026 | Listed (Active) · MLS# ACT238457111 | $875,000 |
| — | Original List Price | $975,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Total Sq. Ft. | 2,774 |
| Lot Size | 31,293 Sq. Ft. |
| Style | Commercial Sale |
| County | TRAVIS |
| MLS # | ACT238457111 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.