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1605 Greenwood Ave
Austin, TX, 78721
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$415,000
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Discover an incredible opportunity in East Austin, nestled onto an incredible quiet street (check it out) close to Downtown, UT, the highway for easy commutes, quick zip to the Airport, Tesla, and more. This spot is perfect for developers or those seeking to own a substantial property in this vibrant neighborhood. This expansive 9,996.85 sqft lot is zoned SF-3, offering versatile options for development. The recent approval of the HOME Initiative by the City of Austin allows up to three units per lot, with a 0.65 FAR for three dwellings, providing exceptional potential for investment or personal use. Inside, the home features fresh paint throughout, ensuring a move-in-ready experience. The location is unbeatable—just minutes away from Palomino Coffee, Morris Williams Golf Course, Mueller amenities, and JJ Seabrook Greenbelt. Seize this chance to make this prime East Austin property yours!
Property Type
Residential
Year Built
1959
Lot Size
0.23 acres
$/Sq Ft
$576
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
1605 Greenwood Ave is listed at $415,000 with 2 bedrooms, 1 full bathrooms, 720 square feet, 0.23-acre lot.
1605 Greenwood Ave is zoned for Austin ISD with assigned schools: Norman-Sims (elementary), Martin (middle), Northeast Early College (high). School assignments should be verified directly with the district.
1605 Greenwood Ave is a Residential built in 1959 featuring 2 bedrooms, 1 full bathrooms, 720 square feet, 0.23-acre lot.
1605 Greenwood Ave is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 4, 2026.
The most recent annual property tax for 1605 Greenwood Ave is $4,361. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 1605 Greenwood Ave, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.1% | — | $370,574 | — | — |
2024-4.0% | — | $426,390 | $275,000 | $101,162 |
2023+61.0% | — | $444,056 | $330,000 | $96,390 |
2022 | — | $275,728 | $330,000 | $114,056 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($83K)
Adjustable assumption - not a lending recommendation.
$415,000
Luxury property intelligence
A sourced read on Greenwood Heights pricing, timing, and property scale. No automated valuation claim.
List price
$415,000
Price per sqft
$576/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$35K reduction
$450K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 1605 Greenwood Ave. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 4, 2026, 1605 Greenwood Ave is offered at $415,000. The current MLS snapshot shows 68 active listings in 78721. Keenan Group has completed 5 verified transactions in 78721 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1605 Greenwood Ave was built in 1959 (67 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$415,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.1% | — | $370,574 | — | — |
2024-4.0% | — | $426,390 | $275,000 | $101,162 |
2023+61.0% | — | $444,056 | $330,000 | $96,390 |
2022 | — | $275,728 | $330,000 | $114,056 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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