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Crystal Olenbush

512-344-6000
  • 2421 S 5th Street

  • $849,000 REDUCED
  • 0.21 Acres Land Austin, TX 78704

This fantastic build opportunity is in a prime location sandwiched between South Lamar, Galindo and Bouldin on a flat lot. This great location is a stone's throw from South Austin Neighborhood Park and hot South Congress in highly sought after south Austin. This MF-3 zoned property has an APPROVED Site Development Permit ($200,000 and 12 months to obtain) plus a full and complete set of Architectural plans (construction documents) for a multi-family unit (7). Alternatively, the lot has feasibility study shows an ideal opportunity for 3 single-family units or a single-family home. See attached documents for details. Seller is a licensed commercial broker.

View More Properties in the 78704 Zip Code. View More Properties in the Austin School District.

Essential Information

  • MLS® #6480985
  • Price$849,000
  • Bathrooms0.00
  • Acres0.21
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive

Community Information

  • Address2421 S 5th Street
  • Subdivision2421 S 5th Street Sub
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78704

Amenities

  • UtilitiesElectricity Available
  • FeaturesNone
  • ViewNone
  • WaterfrontNone

School Information

  • DistrictAustin ISD
  • ElementaryDawson
  • MiddleLively
  • HighTravis

Additional Information

  • ZoningMF3 lot

Map & Directions

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Price Change History for 2421 S 5th Street, Austin, TX (MLS® #6480985)

Date Details Price Change
Price Reduced $849,000 $50,000 (5.56%)
Price Reduced $899,000 $50,000 (5.27%)
Price Reduced $949,000 $40,000 (4.04%)
Price Reduced (from $1,199,000) $989,000 $210,000 (17.51%)

Property Listed by: Moreland Properties

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from June 23rd, 2025 at 5:31am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.