Rare Development Opportunity in Austin's Transforming East Riverside Corridor.
Two adjacent cleared lots are being sold together, offering approximately 10,934 square feet of development potential just minutes from Downtown Austin. Public water, sewer, electricity, and natural gas are available, saving valuable time and site preparation costs.
The current lot configuration allows for approximately 5,500 square feet of total buildable area. Buyers looking to maximize value may have the opportunity to replat the two parcels into a single lot, increasing build potential to approximately 6,000 square feet (buyer to verify with the City of Austin), creating an exceptional highest-and-best-use opportunity.
The East Riverside Corridor is one of Austin's fastest-growing redevelopment markets, with more than $2.1 billion in projected private investment through 2028, highlighted by the transformative $4 billion River Park mixed-use development. The property is also located near the planned Project Connect East Riverside Light Rail, providing future connectivity to Downtown Austin, with a planned airport extension identified as a future priority.
Ideal for builders, developers, and investors seeking redevelopment potential in a premier location with convenient access to Downtown Austin, Lady Bird Lake, South Congress, East Austin, Oracle, Tesla, Austin-Bergstrom International Airport, restaurants, shopping, and entertainment.
Both parcels must be purchased together. Buyer to verify all development potential with the City of Austin.
Property Details
- View
- Neighborhood
- Lot Features
- Cleared
- Lot Description
- Cleared
- Acres
- 0.0
- Lot Size (sqft)
- 0.251
- Property Type
- Purchase
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Subdivision
- Hamilton C A
- School District
- Austin ISD
- Elementary School
- Allison
- Middle School
- Martin
- High School
- Eastside Early College
- County
- Travis
- Region
- Austin
- Original List Price
- $485,000
- Days on Market (Cumulative)
- 46
- Taxes Annual
- $6,385
- MLS #
- 5115464
- Property Subtype
- MultipleParcels
- Parcel Number
- 03041606020000
- MLS #
- 5115464
- Property Condition
- To Be Built
- Date Listed
- July 28, 2026
- Address
- 6206 Ponca Street
Location
Legal
Based on information submitted to the MLS GRID as of 2026-07-28T22:46:34Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Provided By
Listed by Matthew Layman (#595366)
Listing Office: Douglas Elliman Real Estate (#700901)
