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SOLD
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$525,000

Last List Price

1902 Greenwood Ave, Austin, TX 78723

0.27

acres

Unimproved Land

About This Lot

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.

Listings checked every few minutes. MLS# 8769904 was Last Updated: 04-04-2025.

Listed by Jeff McElroy, Real (512) 813-9500

Buyer Represented by Brennan Stravlo, eXp Realty, LLC (512) 750-8514

Neighborhood

Assigned Schools

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the MLK neighborhood like?

MLK neighborhood is an established east Austin community located 3 miles east of the University of Texas campus in Travis County. The area extends from Airport Boulevard east and has experienced significant growth and transformation in recent years, evolving from a lower-income residential area to an increasingly diverse and dynamic neighborhood.

Explore MLK

What employers are near 1902 Greenwood Ave?

  • University of Texas at Austin (Education)
  • Apple (Technology)
  • Google (Technology)

How does this property compare to others in MLK?

1902 Greenwood Ave is listed at $525K vs. the $599K median in MLK. Homes in MLK average 78 days on market.

MetricMLK
Median List Price$599K
Median Sold Price$538K
Average Days on Market78
Average Price per Sqft$423
Active Listings34

Market data as of May 2026.

Frequently Asked Questions

How much is 1902 Greenwood Ave?

1902 Greenwood Ave is listed for $525,000. It features 0.2734 acres.

What neighborhood is 1902 Greenwood Ave in?

1902 Greenwood Ave is located in the MLK neighborhood of Austin, Texas.

How does 1902 Greenwood Ave compare to other lots in MLK?

The asking price of $525,000 is 12.4% lower than the median lot price of $599K in MLK.

What are the details of 1902 Greenwood Ave?

1902 Greenwood Ave sits on 0.2734 acres of land, and is a unimproved land style lot.