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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
This property has sold on December 14, 2023. Looking for something similar? Contact us or browse available homes.
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$499,999
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Prime development opportunity to build one or two homes (per deed restrictions) on a full acre lot in this highly sought after South Austin pocket in 78745! Close to trendy coffee shops and a variety of restaurants, as well as HEB, Sprouts Farmers Market, the Sunset Valley shops and Central Market. Easy access to both Mopac and IH-35. The lot boasts a serene, flat landscape adorned with mature trees, providing the perfect canvas for your architectural masterpiece. Please note: the existing structure is most likely a tear down so this great property is being offered at dirt value. Come take a look! Current zoning: SF2
Property Type
Land
Lot Size
1.05 acres
Listed by Compass RE Texas, LLC
Property Details
Verified property facts
7203 Elm Forest Rd is listed at $499,999 with 0 bedrooms, 1.05-acre lot. This places it above the 78745 median of $479,000.
7203 Elm Forest Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($100,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7203 Elm Forest Rd is around $3,511 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $499,999, 7203 Elm Forest Rd is in the Elmwood Estates market where there are currently 169 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ 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. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($100K)
$499,999
Luxury property intelligence
A sourced read on Elmwood Estates pricing, timing, and property scale. No automated valuation claim.
List price
$499,999
Price per sqft
Not available
Vs. Elmwood Estates median
Not available
Days on market
964 days
Original to current
No verified reduction
$500K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
2 events on record
Current Price
$499,999
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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