Exceptional Redevelopment or Investment Opportunity in Prime South Central Austin Located in the sought-after Park Forest neighborhood, this 0.1652-acre lot offers a rare opportunity for developers and investors looking to capitalize on Austin’s continued growth. The existing one-story home features 3 bedrooms, 1 bathroom, and an open-concept living, kitchen, and dining areaproviding a solid starting point for a full renovation or an ideal footprint for new construction or multi-unit development. Strategically positioned near major corridors like Ben White Blvd, South Lamar Blvd, and Menchaca Road, this property offers seamless access to downtown Austin, major employers, and some of the city’s most popular restaurants, shops, and entertainment venues. Nearby amenities include Joslin Elementary School, Joslin Neighborhood Park, and Central Marketall within a short commute. With strong fundamentals, a central location, and significant upside potential, this property is a compelling opportunity for those looking to invest, build, or redevelop in one of Austin’s high-demand neighborhoods.
MLS# | 5666706 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1958 |
Days On Site | 27 |
Listing Provided By | Compass RE Texas, LLC | Robert Lane |
Bed(s) | 3 |
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Bath(s) | 1 Total |
SQ Feet | 888 |
Car Port | Yes |
Story(s) | 1 |
Acreage | 0.17 |
Property View | None |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78745 |
Area | 10N |
Community Name | Park Forest Sec 03 |
School District | Crockett |
Elementary School | Joslin |
Middle School | Covington |
High School | Crockett |
Listing VS Median (In Park Forest Sec 03) | |
Price: $429,000 low | high Med: $429,000 SqFt: 888 low | high Med: 888 $ / SqFt: $483 low | high Med: $483 On site: 27 low | high Med: 27.000000 |