$249,900

Property Overview

This corner lot investment opportunity in South Austin's South Manchaca neighborhood presents significant value at $249,900, priced 25 percent below the area median. The 1974-built residence sits on an expansive 6,812-square-foot lot, offering the generous land that defines this desirable South Austin pocket. Currently gutted to the studs, the 2-bedroom, 2-bath structure provides a clean canvas for complete customization, with newer systems already in place including an approximately 1-year-old HVAC unit and functional plumbing and electrical infrastructure ready to support renovation.

The property's strong bones support investor and owner-builder aspirations alike. A functional roof approximately 10 years old reduces major replacement costs, while mature trees in the spacious backyard create shade and privacy. The attached carport and extended driveway maximize parking flexibility on this corner location, a premium positioning rarely found at this price point in the neighborhood.

South Manchaca continues attracting buyers seeking authentic South Austin living with room to grow. The combination of acreage, infrastructure readiness, and price positioning makes 5701 Glen Meadow Drive an uncommon find for anyone seeking to build equity through renovation or simply acquire substantial land value in an established Austin neighborhood.

Vox Real Estate Insight

The Vox Real Estate team recognizes that corner lots with this square footage at under $260 per square foot represent genuine scarcity in the current South Austin market. This property's bones-intact approach to the rebuild offers investors and owner-builders rare latitude to execute their vision without fighting outdated systems.

Agent Description

**Investor Special in South Austin – Prime Corner Lot Opportunity!** Unlock the potential at **5701 Glen Meadow Dr.** This **3-bedroom, 2-bath** home sits on a desirable **corner lot** in South Austin and is ready for a complete transformation. The interior has been **fully gutted to the studs**, providing a blank canvas for investors, flippers, or buyers looking to customize every detail from the ground up. The home features **concrete floors**, **fully functional plumbing and electrical systems**, an **approximately 1-year-old HVAC system**, and a **roof that's approximately 10 years old**, helping reduce some major renovation costs. Outside, you'll find a **spacious backyard with mature trees**, offering plenty of room for entertaining, landscaping, or future improvements. A **1-car attached carport** and an extended driveway provide additional off-street parking. Whether you're looking for your next renovation project or an investment with strong upside potential, this property offers an excellent opportunity in an established South Austin neighborhood with convenient access to shopping, dining, major highways, and downtown Austin. **Bring your vision and make this property shine! Sold as-is.**

Neighborhood: South Manchaca

This property is located in South Manchaca, Austin, TX. The area is known for Great Value, Generous Lots, Ranch-Style Homes, South Austin Location, Growing Amenities.

At $260/sqft, this listing is priced 25% below the South Manchaca median of $345/sqft.

Property Details

Interior

Systems & Utilities

Exterior & Lot

Parking

Community & HOA

Assigned Schools

Taxes & Legal

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