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5 Beds
4 Baths
2,510 sqft

$650,000

5210 Woodrow Ave, Austin TX, 78756

Price per sqft$258.96
Built in1963
Property size2,510 sqft
Property typeResidential

Overview

Active

Listed Jul 31, 2026

Updated 9 days ago

Unique covered land opportunity in the heart of central Austin. Ideal for builders looking for small MF development and recent zoning changes should allow three-unit residential on the property (SF-3 zoning). Current architectural plans for single-family home plus ADU convey with the sale. Two leases have been secured for a projected $45,516 in NOI ($4,800 per month) and offer income while plans are being processed (6.51% cap rate). Home is being marketed as a tear down.

$4,324/mo

Est. mortgage payment based on a $650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
8591338

Interior Features

Bedrooms
5
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

View
Yes