Investor/Developer Opportunity in 78745 – Prime South Austin Location! Unlock the potential of this nearly QUARTER ACRE lot nestled in the highly desirable Greenwood Forest neighborhood off South Menchaca. Located on a quiet, tree-lined street surrounded by mature oaks and established homes, this property offers the rare combination of privacy and proximity to everything Austin has to offer. The existing 1960s single-story home features 3 bedrooms, 1 bath, and a one-car garage, with a striking stone facade. The home itself is either a tear down or would require an extensive remodel. Whether you're looking to tear down or a full remodel/redevelopment, the flat, spacious lot offers multiple possibilities for value-add or new construction. Zoned SF-3 and located in a highly desirable central South Austin location seeing strong growth and redevelopment, this is an ideal canvas for investors or builders looking to capitalize on consistent demand in Austin’s popular 78745. Ample lot depth and a wide footprint provide flexibility for larger modern builds, duplexes, or high-end remodels (buyer to verify zoning/development potential). Enjoy quick access to S. Menchaca, Ben White/290, and all the best of South Austin – just minutes from Radio Coffee, Central Market, Wheatsville, S. Lamar, and Downtown. This is your chance to invest in this coveted pocket of Austin. Don’t miss this prime opportunity – take a tour today!