2009 Greenwood Ave, Austin, TX 78723

Rare opportunity to acquire a package of two adjacent, subdivided lots—2009 and 2011 Greenwood—just minutes from Mueller, one of Austin’s fastest-growing and most desirable corridors. Enjoy unbeatable proximity to some of the city’s best dining, entertainment, and lifestyle amenities. Each lot includes plans for a high-end custom home, with preliminary concepts also available for multi-unit development, offering flexibility for investors or end users alike.

The clearest advantage here is land scale with options: 2009 Greenwood Ave is part of a package of two adjacent, subdivided lots totaling 0.49 acres in Austin, positioned in Austin 78723 near Mueller. For buyers tracking infill opportunities rather than finished product, that matters. This is not a teardown decision on a constrained homesite. It is a land play with multiple paths in an established Austin location, offered at $1.15M and currently on the market for 39 days. The school path adds another layer of relevance for long-term hold potential, with Austin ISD and assigned schools including Maplewood, Kealing, and McCallum.

What stands out is the combination of subdivision work already in place and the flexibility built into the offering. The adjacent configuration of 2009 and 2011 Greenwood creates a broader planning canvas than a single urban lot, which changes how an investor, builder, or end user can evaluate the site. Existing plans are included for a high-end custom home on each lot, and preliminary concepts are also available for multi-unit development. That means the next owner is not starting from zero. There is already a framework for moving toward a finished outcome, while still preserving the option to replace those concepts with a fully custom plan. In a market where timing, entitlement posture, and optionality often matter as much as the dirt itself, that is a meaningful distinction.

The Mueller reference is important because location leverage is a major part of this asset’s value. Being minutes from one of Austin’s most active and desirable corridors supports both end-user appeal and future marketability. Buyers are not just evaluating the lots in isolation. They are weighing what it means to control nearly half an acre through adjacent parcels in a part of the city where redevelopment logic is clear and where proximity to daily amenities influences demand. For a purchaser who understands land as a strategic position rather than a simple homesite, this property offers a credible path to build, hold, or phase a project in a location with staying power.