1902 Greenwood Ave

Austin, TX 78723

About this property

Prime Investment opportunity in Austin, TX! This oversized SF-3 lot, spanning 11,909 sq. ft., offers a range of exciting development possibilities. With downtown views, the property benefits from recent new construction comps that support various development options under City of Austin's HOME ordinance, which permits up to three homes. Subdivision of the property would accommodate up to three additional homes, allowing for a total of six units, allowing higher density and a greater return for the developer. Conveniently located, this lot is just minutes away from UT, downtown Austin, South Congress, and the airport, and only 15 minutes from The Domain. With the lot already cleared, it's primed for a spring 2025 delivery. The survey is available in the MLS documents. buyers to complete their own due diligence.

About this property

Prime Investment opportunity in Austin, TX! This oversized SF-3 lot, spanning 11,909 sq. ft., offers a range of exciting development possibilities. With downtown views, the property benefits from recent new construction comps that support various development options under City of Austin's HOME ordinance, which permits up to three homes. Subdivision of the property would accommodate up to three additional homes, allowing for a total of six units, allowing higher density and a greater return for the developer. Conveniently located, this lot is just minutes away from UT, downtown Austin, South Congress, and the airport, and only 15 minutes from The Domain. With the lot already cleared, it's primed for a spring 2025 delivery. The survey is available in the MLS documents. buyers to complete their own due diligence.

Features and Additional Information

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$525,000 Active
0 SQFT

Presented By Crystal Banks

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License #801070
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Real
1-512-960-3253
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Area Information

3 | Travis County | Manor Road Add

$ 525,000
This listing is play_arrow 37.1% lower than the average in the area
$ 834,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
28 days on site
This listing is play_arrow 75.2% below the average in the area
113 days on site in the area

Schools in the Area

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    Elementary School
    Maplewood
  • turned_in
    Middle School
    Kealing
  • turned_in
    High School
    McCallum
Listed By Jeff McElroy
Brokerage: Real

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