5115 Avenue F, Austin TX 78751

Set on a prominent corner in Austin’s established Highlands neighborhood, 5115 Avenue F presents a rare land-and-legacy opportunity with scale, access, and provenance. Held by one family since 1938, the property spans four legal lots totaling approximately 12,380 square feet, with access from two streets and an alley — an exceptional configuration for restoration, redevelopment, or a multi-residence vision, subject to buyer due diligence.

The original 1938 residence retains period details that speak to its era, including natural woodwork, wood flooring, and a built-in dining hutch with a scalloped wood profile. The main home offers three bedrooms and one bath, while the detached garage structure includes two separate 2-bedroom, 1-bath apartments, creating added flexibility for income, guest quarters, or future site planning.

With its 100-by-124-foot footprint, alley access, and proximity to Whitaker Fields, Lamar Boulevard, transit, and downtown Austin, this estate offering is defined by both heritage and optionality. Whether reimagined as a restored vintage residence, a design-forward compound, or a multi-unit development opportunity under Austin’s evolving zoning framework, the property offers an uncommon canvas in one of Central Austin’s most enduring residential corridors.