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$849,000

  • For Sale
  • Active
  • Lots/Land
  • 0.212 Acres
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This fantastic build opportunity is in a prime location sandwiched between South Lamar, Galindo and Bouldin on a flat lot. This great location is a stone's throw from South Austin Neighborhood Park and hot South Congress in highly sought after south Austin. This MF-3 zoned property has an APPROVED Site Development Permit ($200,000 and 12 months to obtain) plus a full and complete set of Architectural plans (construction documents) for a multi-family unit (7). Alternatively, the lot has feasibility study shows an ideal opportunity for 3 single-family units or a single-family home. See attached documents for details. Seller is a licensed commercial broker.

Full Property Details for 2421 S 5th St

General

  • Price: $849,000
  • Taxes: $9,364 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: Austin_MLS
  • MLS ID: 6480985
  • Updated: 12/28/2025
  • Added to Site: 704 day(s) ago

Additional Information

  • Shared Amenities: None

Location

  • Area: 6
  • County: Travis
  • Subdivision: 2421 S 5th Street Sub
  • Driving Directions: Head southeast on W Oltorf St toward S 5th St Turn right onto S 5th St.

School Information

  • Elem School District: Austin ISD
  • Midd School District: Austin ISD
  • High School District: Austin ISD
  • Elementary School: Dawson
  • Middle School: Lively
  • High School: Travis

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available

Structural Information

  • Detached/Attached: Detached

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.212
  • Lot Size (Sq. Ft.): 9,234.72
  • Lot Features: Moderate Trees, Trees Medium Size

Financial Considerations

  • Assessment Amount: $472,500
  • Tax Amount: $9,364
  • Tax Year: 2024
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: LOT 2 BLK A 2421 S 5TH STREET SUBD
  • Disclosures/Reports: None
  • Property ID: 4020404150000
  • Block: A
  • Lot Number: 2

Listed by Moreland Properties

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Listing agent

— 2421 S 5th St —

  • Moreland Properties

(512) 480-0848

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2421 S 5th St

School District:Austin Independent School District
NameGradesDistance
Dawson Elementary School, Austin, TX
3001 South 1st Street, Austin, TX 78704
K-50.6 mi
Fulmore Middle School
201 East Mary Street, Austin, TX 78704
6-80.8 mi
Travis High School
1211 East Oltorf Street, Austin, TX 78704
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2421 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2025
Price Reduced
$849,000
-5.56%
MLS
3/06/2025
Price Reduced
$899,000
-5.27%
MLS
1/22/2025
Price Reduced
$949,000
-4.04%
MLS
7/17/2024
Price Reduced
$989,000
-17.51%
MLS
2/15/2024
Listed
$1,199,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2421 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,364
—
$405,122
-14%
2024
$9,364
39%
$472,500
—
2022
$6,719
—
$472,500
39%
2022
$6,719
36%
$340,200
50%
2021
$4,937
-2%
$226,800
—
2020
$5,050
4%
$226,800
—
2020
$4,865
-2%
$226,800
—
2018
$4,982
37%
$226,800
40%
2016
$3,625
-3%
$162,540
-19%
2016
$3,732
-25%
$199,500
-5%
2014
$4,974
—
$209,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Moreland Properties

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2421 S 5th Street, Austin, TX 78704 (MLS# 6480985) is a Lots/Land property with a lot size of 0.212 acres. 2421 S 5th Street is currently listed for $849,000 and was received on February 15, 2024. Want to learn more about 2421 S 5th Street? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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