$619,000

Property Overview

This South Austin property on 1st Street in Garrison Park represents a significant land development opportunity in one of the city's most sought-after infill markets. Situated on approximately 0.30 acres, the expansive 13,211-square-foot lot offers the rare combination of size and location that savvy developers and builders actively pursue in South Austin, TX. The existing 1958-built residence is offered as-is, with value clearly concentrated in the land itself and its redevelopment potential rather than the current structure.

Garrison Park's established neighborhood character—anchored by community amenities including a pool, park, and walking trails—positions this parcel at the intersection of residential demand and urban growth. The property's proximity to South Congress and South Lamar, combined with surrounding new construction activity, creates compelling opportunities for multiple-unit development or other creative redevelopment solutions, subject to City of Austin approval. For investors and builders seeking substantial South Austin parcels in an active market, this rare offering delivers both land scale and strategic location.

Vox Real Estate Insight

The Vox Residential team recognizes that large undeveloped parcels in central South Austin have become increasingly scarce, making this opportunity particularly notable for developers. At $697 per square foot, the pricing reflects the land's development potential rather than the existing structure, which is why serious builders are taking notice of this Garrison Park location.

Agent Description

APPOINTMENTS HAVE TO BE APPROVED BEFORE SHOWINGS. OWNER OCCUPIED. DO NOT WALK THE LOT WITOUT PERMISSION. Prime South Austin redevelopment opportunity on an expansive ±0.30-acre lot in one of Austin's most active infill markets. The value is in the land. The existing residence is considered a tear-down and is being sold as-is. Large redevelopment parcels in this location are becoming increasingly difficult to find. The generous lot size presents an exceptional opportunity for builders, developers, and investors to capitalize on Austin's continued demand for new residential construction. Subject to City of Austin approval and buyer verification, the property may offer the potential for multiple residential homes or other redevelopment opportunities. Surrounded by new construction and redevelopment projects, this property is ideally positioned for an infill development in a highly desirable South Austin location. Just minutes from South Congress, South Lamar, St. Elmo, Downtown Austin, major employment centers, shopping, restaurants, entertainment, parks, and Austin-Bergstrom International Airport. Easy access to IH-35, US-290, SH-71, and Loop 360 provides outstanding connectivity throughout the city. Rare South Austin Infill Development Opportunity Builder Alert! Premium 0.30-Acre Redevelopment Parcel One of the Few Remaining Large Redevelopment Lots on South First Prime Infill Site in a High-Growth South Austin Corridor Development Opportunity Surrounded by New Construction Land Value Only – Exceptional Builder Opportunity Oversized South Austin Lot with Significant Redevelopment Potential

Neighborhood: Garrison Park

This property is located in Garrison Park, Austin, TX. The area is known for Community Pool, Neighborhood Park, Walking Trails, Accessible Prices, Family-Oriented.

At $697/sqft, this listing is priced 67% above the Garrison Park median of $417/sqft.

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