3105 Ray Wood Dr, Austin, TX 78704

3105 Ray Wood Dr, Austin, TX 78704

Exceptional Builder Opportunity in Prime South Austin

Positioned in the heart of 78704, this 0.18-acre lot offers a rare opportunity for builders and developers seeking a high-demand infill location. The property is surrounded by ongoing redevelopment and strong resale values—ideal for a custom new build or luxury spec home.

The existing structure provides the option for a full teardown and rebuild. Please note: there is a mold-like odor inside the current dwelling, and the property is being sold as-is for land value.

Site Highlights

Level lot with established utilities (water, sewer, and electric connections)

Spacious backyard suitable for pool addition or accessory dwelling unit (ADU)

Zoned SF-3 (verify with City of Austin), supporting single-family or duplex potential

Lot size: approximately 0.18 acres (˜7,800 sq. ft.)

Location Advantages

Less than 10 minutes to Downtown Austin, South Congress (SoCo), and Lady Bird Lake

Surrounded by top-tier dining, shopping, and entertainment

Quiet, mature neighborhood with steady new construction activity

Excellent buyer demand for modern new builds in this corridor

Whether your goal is to design a modern architectural showcase or a market-ready spec home, this property offers the perfect canvas for a profitable South Austin project.