$699,999

Property Overview

This 1961-built home on Little John Lane sits on a substantial 8,542-square-foot lot in the heart of Sherwood Oaks, a South Austin neighborhood experiencing meaningful redevelopment momentum. The 1,393-square-foot three-bedroom, two-bathroom residence represents a compelling value proposition at $503 per square foot, positioned below comparable area pricing and offering flexibility for buyers seeking renovation or development opportunities. The property's generous land footprint and location near St. Edward's University and Blunn Creek Nature Preserve make it particularly attractive for investors monitoring South Austin's evolution.

Little John Lane's proximity to Downtown Austin, combined with walkable access to South Congress shopping and area HEB, anchors this location within Austin's broader economic corridor. The surrounding neighborhood demonstrates active redevelopment activity with new construction and renovation projects reshaping the area's character. While the home's original construction allows potential for enhancement, the underlying lot size and strategic positioning within 78704 present multiple value pathways. Prospective buyers should conduct independent verification of zoning regulations, building restrictions, and development feasibility to fully assess the property's potential.

Vox Residential Insight

The Vox Residential team recognizes this as a strategic acquisition opportunity in a neighborhood where land value and redevelopment activity are creating genuine upside potential. With 86 days on market, this property has reached a pricing inflection point that rewards investors patient enough to evaluate South Austin's longer-term trajectory rather than chase short-term speculation.

Agent Description

Investor opportunity in a rapidly redeveloping pocket of South Austin! Opportunity in the 78704 area of South Austin near St. Edward’s University and Blunn Creek Nature Preserve, with convenient access to Downtown Austin and nearby shopping including HEB on South Congress. Located in the established Sherwood Oaks neighborhood where redevelopment activity, including new construction and renovations, is present. Property may offer potential for renovation or new construction. Buyer to independently verify zoning, building restrictions, and development potential.

Property Details

Listing data last updated: July 16, 2026

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