4502 S 1st St

Property 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. 2026 updates: HVAC system and water heater. 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