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$975,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 920 Shady Ln
General
- Price: $975,000
- Taxes: $14,574 (2026)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 4640826
- Updated: 8/14/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Info: See Remarks
Interior
- Flooring: Tile, Wood
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 10
- Parking Features: Driveway, Open
Location
- Area: 5
- County: Travis
- Subdivision: Shady Lane Add
- Driving 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.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Frame, Wood Siding
- Square Feet: 2,774
- Current Bldg. Use: Residential, Single Family
- Year Built: 1937
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Shed(s), Workshop
Lot Features
- Lot Size (Acres): 0.7184
- Lot Size (Sq. Ft.): 31,293.5
- Lot Size Source: Survey
- Topography: Level
- Lot Features: Level
Financial Considerations
- Operating Expenses: $6,400
- Assessment Amount: $712,178
- Tax Amount: $14,574.72
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Estate
- Documents Avail.: Disclosure(s), Survey
- Multiple Parcels: Yes
- Legal Description: LOT 1 SHADY LANE ADDN
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 2041603040000
- Lot Number: 1
Listed by Allure Real Estate
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Schools
Schools serving 920 Shady Ln
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Govalle Elementary School 3601 Govalle Avenue, Austin, TX 78702 | PK-5 | 0.5 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 2.1 mi |
Eastside Memorial High School 900 Thompson Street, Austin, TX 78702 | 9-12 | 1.2 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 920 Shady Ln
Date
Details
Price
Change
Source
8/14/2026
Listed
$975,000
—
MLS
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 920 Shady Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,859
—
$672,885
10%
2024
$3,859
100%
$611,714
-47%
2022
100%
$1,163,700
—
2022
100%
$1,169,089
154%
2021
-100%
$459,590
10%
2020
$9,303
4%
$417,809
10%
2020
$8,961
18%
$379,826
10%
2018
$7,584
19%
$345,296
10%
2016
$6,364
-9%
$313,905
10%
2017
$7,001
18%
$285,368
10%
2015
$5,957
13%
$259,425
10%
2013
$5,281
-9%
$235,841
10%
2014
$5,809
—
$214,401
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 920 Shady Ln
920 Shady Lane, Austin, TX 78702 (MLS# 4640826) is a Commercial property. 920 Shady Lane is currently listed for $975,000 and was received on August 14, 2026. Want to learn more about 920 Shady Lane? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

