5021 W Frances Place, Austin, TX 78731 - Photo 1

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$565,000 -$30,000 (-5.04%) Price Reduced

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Active
Lots/Land
0.1581 Acres
Updated 1 day ago

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Property Description

Rare infill development opportunity in one of Central Austin's most established neighborhoods. Situated on approximately 6,888 SF, this residential lot offers convenient access to Mopac Expressway, Burnet Road, Downtown Austin, The Domain, UT Austin, and major employment centers. The property is well-positioned for a custom home build, redevelopment project, or long-term land investment. Surrounded by established residential neighborhoods, local retail, restaurants, parks, and highly desirable Central Austin amenities. Austin's continued demand for infill housing and recent land-use changes have increased interest in redevelopment opportunities throughout Central Austin. Buyer to verify zoning, development regulations, utility availability, subdivision potential, and all intended uses.

Full Property Details

Full Property Details for 5021 W Frances Pl

General

Price: $565,000
Taxes: (2026)
Status: Active
Type: Lots/Land
Source: Austin_MLS
MLS ID: 4248045
Updated: 9/28/2026
Added to Site: 26 day(s) ago

Additional Information

Shared Amenities: None

Exterior

Exterior Features: None

Location

Area: 4
County: Travis
Subdivision: Highland Village
Driving Directions: From Hancock Dr, turn onto W Frances Pl. The property is accessed via the shared driveway on W Frances Pl. Please park on W Frances Pl and walk up the driveway to view the lot. Do not drive or park on the shared driveway to keep it clear for neighbors.

School Information

Elem School District: Austin ISD
Midd School District: Austin ISD
High School District: Austin ISD
Elementary School: Highland Park
Middle School: Lamar (Austin ISD)
High School: McCallum

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Sewer Available, See Remarks, Water Available

Structural Information

Detached/Attached: Detached
Property Condition: To Be Built

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.1581
Lot Size (Sq. Ft.): 6,886.84
Lot Dimensions: .16
Fence: Yes
Lot Features: See Remarks
Fencing (Description): Wood

Financial Considerations

Assessment Amount: $276,876
Tax Year: 2026
Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: Standard
Documents Avail.: Aerial
Legal Description: LOT 1B HIGHLAND VILLAGE SEC 2 PARK ONE LT 1 & LT 2 BLK 1
Disclosures/Reports: Familial Relation
Property ID: 1280003210000

Listed by McAllister & Associates

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— 5021 W Frances Pl —

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(512) 472-2100

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Schools

Schools serving 5021 W Frances Pl

School District:Austin Independent School District

Name	Grades	Distance
Highland Park Elementary School, Austin, TX 4900 Fairview Drive, Austin, TX 78731	K-5	0.4 mi
Lamar Middle School, Austin, TX 6201 Wynona Avenue, Austin, TX 78757	6-8	0.9 mi
Mccallum High School 5600 Sunshine Drive, Austin, TX 78756	9-12	1.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5021 W Frances Pl Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/28/2026

Price Reduced

$565,000

-5.04%

MLS

9/24/2026

Price Reduced

$595,000

-0.83%

MLS

9/04/2026

Listed

$600,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 5021 W Frances Pl

Year

Property Taxes

Change

Tax Assessment

Change

2025

$5,666

-32%

$276,876

-34%

2024

$8,284

—

$418,000

—

2022

$8,255

43%

$418,000

57%

2021

$5,790

4%

$266,000

6%

2020

$5,567

4%

$250,000

—

2020

$5,362

—

$250,000

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5021 W Frances Place, Austin, TX 78731 (MLS# 4248045) is a Lots/Land property with a lot size of 0.1581 acres. 5021 W Frances Place is currently listed for $565,000 and was received on September 04, 2026. Want to learn more about 5021 W Frances Place? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

5021 W Frances Pl Austin, TX 78731