$480,000

Property Overview

This South Manchaca property presents a rare development opportunity on an expansive quarter-acre lot in the heart of South Austin. The 1953 home sits on approximately 10,550 square feet of level land, surrounded by mature trees and positioned within SF-3 zoning that opens the door to multiple possibilities—whether custom home construction, redevelopment, or investment. The existing structure requires significant repair and is offered as-is, with the primary value anchored in the exceptional lot size and location rather than the current improvements.

Situated steps from South Congress, South Lamar, and Downtown Austin, this South Manchaca holding provides proximity to Zilker Park, Lady Bird Lake, and the vibrant restaurant and retail landscape that defines South Austin's appeal. The generous lot size remains uncommon in this increasingly developed neighborhood, making it particularly compelling for builders and investors seeking flexibility in one of Austin's most sought-after central locations. Convenient access to the city's cultural anchors and outdoor recreation makes this property a strategic acquisition for those envisioning the next chapter of South Austin's evolution.

Vox Real Estate Insight

At $487 per square foot, this listing reflects the premium pricing typical of development land in central South Austin—44% above the neighborhood median—but the quarter-acre footprint and SF-3 zoning justify consideration for serious builders and investors looking to capitalize on the area's continued growth trajectory. The Vox Residential team recognizes this as a rare opportunity where location, lot size, and zoning alignment create genuine development potential that seldom hits the market in neighborhoods this proximate to Downtown.

Agent Description

Exceptional development opportunity in the heart of South Austin! Situated on an expansive, level lot of approximately one-quarter acre, this coveted property is surrounded by mature trees, historic charm, and new development. With desirable SF-3 zoning, there are numerous possibilities; whether you are looking to build a custom home, pursue a lucrative redevelopment project, or invest in one of Austin's most sought-after neighborhoods. The existing home needs repair and is being sold As-Is. The main value resides in the lot and location. This prime setting offers convenient access to Downtown Austin, South Congress, South Lamar, Lady Bird Lake, Zilker Park, and an array of restaurants, shopping, and entertainment options. This property offers opportunity for the discerning builder or investor. Rarely does a property combining this size, flexible zoning, and premium central placement come available on the market. All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer is advised to verify all measurements, schools, taxes, development requirements, etc.

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 $487/sqft, this listing is priced 41% above the South Manchaca median of $345/sqft.

Property Details

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