4 months on rocket

1902 Greenwood Ave, Austin, TX, 78723

$525,000

0.27 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontSee Remarks
MLS #8769904
Lot Size0.27 Acres
StatusActive

About 1902 Greenwood Ave

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.

Property Details

Property Features

Listing Office:

  • Office Name: Real
  • Office Phone: (512) 813-9500
  • Listing Agent: Jeff McElroy

Exterior Features

Exterior Information:

  • Waterfront: See Remarks

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.27 Acres

Other

Directions Information:

  • Directions: From downtown Austin: North on Interstate 35 Frontage Rd (0.3 mi). Turn right onto E Martin Luther King Jr Blvd (1.9 mi). Turn left onto Greenwood Ave. The destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $4,899
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

1902 Greenwood Ave vs Austin

127 DAYS ON ROCKET

+53 Days

$525,000

-$42.4K Less

KEY TAKEAWAY

This property is $42.4K less than the Median Sold Price in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #8769904

Listing Office:

  • Office Name: Real
  • Office Phone: (512) 813-9500
  • Listing Agent: Jeff McElroy

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 12/22/2024, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,899$220,000
2019$4,718$320,789
2018$5,423$316,651
2017$5,463$244,942

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1047163
2
/10
  • Campbell Elementary School

  • 2613 Rogers Ave

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-1047164
4
/10
  • Oak Springs Elementary School

  • 3601 Webberville Rd

  • 0.91 miles

  • Public District Grades EE-5

school-card-donut-1047165
6
/10
  • Maplewood Elementary School

  • 3808 Maplewood Ave

  • 1.15 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,029. Residents of Austin, TX typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1902 Greenwood Ave

What is the listing price of this property?

The listing price of 1902 Greenwood Ave property is $525,000.

What type of property is this?

The property 1902 Greenwood Ave is land located in Austin, Texas, 78723.

Is this property for sale now?

Active Listing: 1902 Greenwood Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,899 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1902 Greenwood Ave is 0.27 acres.
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Rocket HomesTexasTravis CountyAustin787231902 Greenwood Ave

This home is located at 1902 Greenwood Ave in Austin, TX and zip code 78723 in the MLK neighborhood. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $525,000.

Over 59 listings were sold over their listed price in November 2024 in Austin, TX. In the same period over 446 listings were sold below the listed price and 96 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between October 2024 and November 2024 decreased by 1.1%. In November 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $567,441.

From Rocket Homes Real Estate and based on county public records data.

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