201 Woodward St - 1.09 Acre Townhome Development Site in 78704 0.72 Acres of Residential Land Offered at $3,599,000 in Austin, TX 78704

Positioned in the heart of Austin’s highly sought-after 78704 corridor, the Woodward Street Assemblage presents a rare large-scale urban infill redevelopment opportunity totaling approximately 1.09 acres directly across from St. Edward's University and just 0.1 miles from South Congress Avenue.
The assemblage consists of five (5) adjacent parcels improved with four (4) existing single-family homes, providing immediate holding income and utility while offering substantial long-term redevelopment potential in one of Austin’s most supply-constrained submarkets. The combined site benefits from exceptional frontage, walkability, and immediate connectivity to Downtown Austin, the St. Elmo Arts District, Interstate 35, and U.S. Highway 290.
With ongoing transformation throughout the South Congress and South Central Austin corridors, the assemblage is ideally positioned for townhome, condo, or other urban residential redevelopment concepts, subject to zoning and buyer feasibility.
Property Breakdown:
• 201/203 Woodward Street | 16,225 SF Lot | 1,680 SF Home*
• 205 Woodward Street | 9,842 SF Lot | 1,599 SF Home
• 207 Woodward Street | 11,614 SF Lot | 1,580 SF Home
• 209 Woodward Street | 9,912 SF Lot | 1,085 SF Home
*201/203 Woodward Street is separately owned and is being marketed in conjunction with the assemblage opportunity. Sale subject to a life estate reservation by Seller. Additional details available upon request.
Buyers to independently verify zoning, development potential, density, utilities, and all redevelopment feasibility considerations.
The information contained herein has been gathered from sources deemed reliable; however, McAllister & Associates, and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.
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