3105 Ray Wood Dr, Austin, TX 78704 Exceptional Builder Opportunity in Prime South Austin Positioned in the heart of 78704, this 0.18-acre lot offers a rare opportunity for builders and developers seeking a high-demand infill location. The property is surrounded by ongoing redevelopment and strong resale values—ideal for a custom new build or luxury spec home. The existing structure provides the option for a full teardown and rebuild. Please note: there is a mold-like odor inside the current dwelling, and the property is being sold as-is for land value. Site Highlights Level lot with established utilities (water, sewer, and electric connections) Spacious backyard suitable for pool addition or accessory dwelling unit (ADU) Zoned SF-3 (verify with City of Austin), supporting single-family or duplex potential Lot size: approximately 0.18 acres (˜7,800 sq. ft.) Location Advantages Less than 10 minutes to Downtown Austin, South Congress (SoCo), and Lady Bird Lake Surrounded by top-tier dining, shopping, and entertainment Quiet, mature neighborhood with steady new construction activity Excellent buyer demand for modern new builds in this corridor Whether your goal is to design a modern architectural showcase or a market-ready spec home, this property offers the perfect canvas for a profitable South Austin project.
Electricity Connected, Natural Gas Connected, Sewer Connected
Back Yard, City Lot, Interior Lot, Level, Trees Large Size
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $650,000) | $575,000 | $75,000 (11.54%) |
Property Listed by: Vidaurri Realty Group, Inc
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from January 24th, 2026 at 11:15pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.