Unique Northeast Austin property offers two homes, 24 acres for $6M

This unusual property caught our eye for a number of reasons (and not just because it’s on Happy Trail). Located in the far Northwest area of Ferguson Hills, it contains two separate homes of unclear vintage and nine horse stalls (three are “foaling,” which we’re going to guess means for horse moms and their new ponies).

It’s also being sold with the property at 3500 Ferguson Lane, which appears to be void of structures. That brings the total offered acreage to almost 25. The property is most definitely in the city, fronting Springdale Road, and has plenty of single-family homes on large lots for neighbors.

Given the horse barn and the empty land, it would seem to be the kind of place buyers who want a sort of farm-in-the-city property, which is not unheard of. The fact that it’s located in a section of Austin that’s not too far from downtown, the airport, and the Circuit of the Americas race track, though, makes us speculate about its subdivision and development potential.

We don’t know anything about zoning restrictions on the land, though, so we’ll just stick to describing the property.

Each of the two homes has three bedrooms and two and a half bathrooms and are both currently rented for $2,000/month (presumably each).

One of the houses has 11.5-foot ceilings and original, restored woodwork from Austin Lumber Company. The listing speculates it was built in 1920s, and it certainly looks to feature some details from that period.

The other home was built in 1950 and has hardwood and hard tile floors.

The property is fenced and includes four parking spaces.

• 9305 Happy Trail [Martha Small, KW-Austin Portfolio Real Estate]