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$425,000

Beds
2
Baths
1.0
sq ft
720

1605 Greenwood Ave, Austin, TX 78721

1605 Greenwood Ave

Austin, TX 78721

  • 30 days on market
    • Price drop $25,000↓
Discover an incredible opportunity in East Austin, nestled onto an incredible quiet street (check it out) close to Downtown, UT, the highway for easy commutes, quick zip to the Airport, Tesla, and more. This spot is perfect for developers or those seeking to own a substantial property in this vibrant neighborhood. This expansive 9,996.85 sqft lot is zoned SF-3, offering versatile options for development. The recent approval of the HOME Initiative by the City of Austin allows up to three units per lot, with a 0.65 FAR for three dwellings, providing exceptional potential for investment or personal use. Inside, the home features fresh paint throughout, ensuring a move-in-ready experience. The location is unbeatable—just minutes away from Palomino Coffee, Morris Williams Golf Course, Mueller amenities, and JJ Seabrook Greenbelt. Seize this chance to make this prime East Austin property yours!

Details

Property type

Single Family Residence

Lot size

9,997.02 sq ft

Price per sq ft

$591

Year built

1959

Annual property taxes

$4,360.63

Price History

06/15/2024
Austin

Austin #2647507

Price change
$425,000
-5.56%
06/07/2024
Austin

Austin #2647507

Listed
$450,000

Schools & Community

Neighborhood: 

MLK

Elementary school: 

Norman-Sims

Middle school: 

Martin

High school: 

Northeast Early College

Community features: 

Golf, Park

High school district: 

Austin ISD

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Status: Active

Tomo last checked: 07/07/2024 at 5:55 PM

Listing updated: 06/25/2024 at 3:26 PM

Listed by: Lisa Munoz, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #2647507

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