$499,999

Property Overview

This 1967 classic on Sherwood Lane presents a compelling investment opportunity in one of Austin's most active redevelopment corridors. Situated on nearly 7,000 square feet of land in the established Sherwood Oaks neighborhood, the three-bedroom, one-bath home captures the essence of vintage South Austin living while positioned squarely in an area experiencing significant transformation through new construction and renovation activity. The location proves exceptionally strategic: minutes from the new H-E-B flagship on South Congress, steps from Blunn Creek Nature Preserve, and within walking distance of St. Edward's University.

Beyond the immediate neighborhood, this South Austin address unlocks access to some of the city's most coveted destinations. The Barton Creek Greenbelt, Zilker Park, Lady Bird Lake, and Barton Springs all lie within minutes, while the vibrant SoCo district and iconic South Congress corridor are practically on your doorstep. At $487 per square foot, the pricing reflects genuine opportunity for investors evaluating renovation, rebuild, or long-term hold strategies. Whether your vision involves modernizing the existing structure or developing the substantial lot, this property anchors you in a neighborhood primed for evolution while keeping you connected to everything that makes South Austin desirable.

Vox Residential Insight

The Sherwood Oaks area represents one of the more compelling value plays in South Austin right now, as active redevelopment signals serious neighborhood momentum without the price premium of already-gentrified corridors. At Vox Residential, we're tracking several similar opportunities in this corridor where land value and location proximity to major amenities create strong fundamentals for both renovators and developers.

Agent Description

An exceptional investor opportunity in one of Austin's most rapidly evolving corridors, this classic 1960s home is nestled in the established Sherwood Oaks neighborhood—where redevelopment activity, including new construction and renovations, is actively transforming the area. Just blocks from Blunn Creek Nature Preserve and St. Edward's University, and minutes from the new H-E-B flagship on South Congress and Oltorf, the location puts you within easy reach of iconic Austin destinations including the Barton Creek Greenbelt, Zilker Park, Lady Bird Lake, Barton Springs, and Downtown—all while keeping you close to the vibrant energy of South Congress and the beloved SoCo district. Whether you're looking to renovate, rebuild, or hold, this South Austin original offers a rare investment opportunity you don't want to miss. Buyer to independently verify zoning, building restrictions, and development potential.

Property Details

Listing data last updated: May 19, 2026

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