
— bed, — bath on 0.72 acres in Austin. Austin, TX 78704. $1,900,000. Austin ISD.
205, 207, and 209 Woodward Street present a rare urban infill redevelopment opportunity in Austin’s highly sought-after 78704 submarket, totaling approximately 0.72 acres directly across from St. Edward's University. Currently comprised of three (3) adjacent lots improved with three (3) single-family homes, the assemblage offers immediate utility and income potential while supporting exceptional long-term redevelopment upside for up to nine (9) units.
Additionally, the adjacent property at 201 Woodward Street — a separate 0.37-acre parcel improved with a 1,680 SF home and under separate ownership — is also being marketed concurrently, creating the potential opportunity to expand the assemblage footprint to approximately 1.09 acres in one of Austin’s most active redevelopment corridors.
Situated just 0.1 miles from South Congress Avenue, the property provides immediate connectivity to Downtown Austin, the St. Elmo Arts District, Interstate 35, and U.S. Highway 290.
• 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 • Adjacent Opportunity: 201 Woodward Street | 0.37 Acres | 1,680 SF Home (Separate Listing / Separate Ownership)
The three-property assemblage at 205, 207, and 209 Woodward Street in Austin's Woodward Industrial District represents a rare convergence of immediate utility and transformative potential across 0.72 acres in 78704. Positioned directly across from St. Edward's University and mere blocks from South Congress Avenue, this acquisition delivers three occupied single-family homes generating current income while commanding one of Austin's most strategically positioned redevelopment sites.
The primary residence at 205 Woodward Street anchors the compound with 1,599 square feet on a 9,842-square-foot lot, while 207 Woodward Street provides 1,580 square feet on 11,614 square feet of land. The third home at 209 Woodward Street contributes 1,085 square feet on a 9,912-square-foot lot. Combined, the three structures occupy the full 0.72-acre parcel in a configuration that has generated stable residential income while retaining exceptional development optionality.
Location defines the true value. The property sits 0.1 miles from South Congress Avenue, the spine connecting downtown Austin directly through the St. Elmo Arts District. Immediate access to Interstate 35 and Highway 290 places major employment centers within 15-25 minutes: Apple's Austin campus on Parmer Lane, Tesla's Gigafactory on Harold Green Road, Oracle's offices in downtown, and Dell Technologies' operations across central Texas all function as practical commute anchors. Austin Bergstrom International Airport stands 20 minutes southeast via I-35.
The Austin Independent School District serves the area, with Galindo Elementary, Lively Middle School, and Travis High School defining the educational infrastructure. South Congress Avenue's transformation into Austin's most vibrant commercial and cultural corridor has already begun reshaping property values in the immediate secondary ring neighborhoods.
Current zoning and entitlements support up to nine residential units on the assembled site, positioning sophisticated developers to capture both near-term cash flow from three stabilized homes and the long-term appreciation embedded in a location where South Congress Avenue's continued evolution continues to push property values outward from downtown. The combination of immediate cash generation, strategic geographic positioning relative to Austin's major employment corridors, and substantial redevelopment capacity makes this an uncommon opportunity for investors seeking both income and appreciation in one of Austin's most transformational neighborhoods.
Verified property facts
205 is listed at $1,900,000 with 0 bedrooms, 0.72-acre lot. This places it above the ZIP 78704 single-family closed-sale median price of $1,144,000 (ZIP 78704 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 6, 2026).
205 is zoned for Austin ISD with assigned schools: Galindo (elementary), Lively (middle), Travis (high). School assignments should be verified directly with the district.
This page does not assume a mortgage rate or publish a monthly payment for 205. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 6, 2026, 205 is offered at $1,900,000. The current MLS snapshot shows 128 active listings in 78704. Keenan Group has completed 49 verified transactions in 78704 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated July 9, 2026.
Listed by McAllister & Associates
MLS# 3637370 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
1 record on file
Every recorded listing, sale, and lease at 205, 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.
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($380K)
Adjustable assumption - not a lending recommendation.
$1,900,000
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List price
$1,900,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
166 days
Original to current
$400K reduction
$2.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 6, 2026.
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