




$512,000
NAL Estimated Property Value1902 Greenwood Ave, Austin, TX, 78723
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About this property
For Homeowners: Discover the rare opportunity to own the most exclusive and desirable ready-to-build lot in Central East Austin. This vacant lot has been cleared, graded, and fully prepared for your dream home. Enclosed by a modern concrete fence, it offers security, privacy, and a serene environment, perfect for those seeking a peaceful urban oasis. New installed sewer and water line (2021) ensures seamless utility connections. The property features breathtaking views of downtown Austin and is ideally located just 1 minute from Mueller, 5 from UT, 10 from Downtown, and 15 from both the airport and The Domain. This is the only ready-to-build lot of its kind in the area, offering unparalleled convenience and exclusivity in a thriving neighborhood. Don't miss your chance to build in this premier location! Additional Highlight: Build a home up to 4,750 sqft while still enjoying 7,150 sqft of backyard space. This rare lot offers a unique opportunity for luxury living in Central Austin. With over $120,000 of investments recently completed [including sewer & water lines, a modern concrete fence, clearing & grading, a treehouse, and a storage roomg], this property saves you time, effort and significant costs. For Developers: This oversized SF-3 11,909 sqft lot offes a variety of development opportunities with stunning downtown views. Recent new construction comps in the area highlight the property’s exceptional potential. A survey is available in MLS documents. While buyers are responsible for completing their due diligence on all property details, feel free to reach out to us for any questions. We are highly familiar with this unique, ready-to-build lot and can provide valuable insights.
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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.
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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