Last 24 Hours
$344,000
1189 Greenwood Ave, Austin, TX, 78721
2 Beds
1 Bath
816 Sq Ft
Single Family Residence
$281.86 / sqft
Built in 1958Property Lead Type:
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating
CoolingExterior
Private PoolBuilding Information
Land Information
About this property
**Seller has Received Full Title Commitment and is Ready to Close** **Prime East Austin Development Opportunity!** Located in the heart of East Austin, this property sits on a spacious lot, offering endless potential for redevelopment. The existing home is in need of repair or potential teardown, making it an ideal investment for builders and visionaries looking to take advantage of Austin’s new residential zoning rules. With ample space for multiple units, this is a rare chance to create something special in one of the city’s most sought-after neighborhoods. Don’t miss out on this incredible opportunity—call your agent for additional details. Showings are not possible at this time!
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Learn About the Market: Opportunity in Austin
Explore
Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Explore This Area
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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