2421 S 5th St

9,234 / 0.21
Lot Size / Acres

Description

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...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.

Property Details for 2421 South 5th Street

Subdivision Name
2421 S 5th Street Sub
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
None
View YN
No
Parcel Number
04020404150000
Tax Lot
2
LISTING UPDATED: 12/28/2025 07:55 PM

Property Details for 2421 South 5th Street

StatusActive
MLS #6480985
Days on Market737
Taxes$9,364 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.21 AC
CountyTravis County

Location

Listing Courtesy of Moreland Properties, Julia Mistler, TREC #0651327
Add your commute

Building Information for 2421 South 5th Street

Lot Size0.21 AC

Payment Calculator

$4,918 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,138

Property Taxes

$780

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2421 South 5th Street

General Information
Interior
  • Restrictions: CityRestrictions
Exterior
  • New Construction: No
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Moderate Trees, Trees Medium Size
  • Zoning: MF3 lot
  • Mineral Rights: Yes
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $472,500
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.99%
Showing Information
Showing Information
  • Directions: Head southeast on W Oltorf St toward S 5th St Turn right onto S 5th St.

Property History for 2421 South 5th Street

DateEvent & SourcePriceAppreciationLink
May 29, 2025

Price Change

ACTRIS #6480985

$849,000
Mar 6, 2025

Price Change

ACTRIS #6480985

$899,000
Jan 21, 2025

Price Change

ACTRIS #6480985

$949,000
Feb 15, 2024

Listed (Active)

ACTRIS #6480985

$1,199,000
Feb 8, 2024

Withdrawn

ACTRIS #1579083

$1,200,000
Mar 30, 2022

Listed (Active)

ACTRIS #1579083

$1,200,000
DateEvent & SourcePrice
05/29/2025

Price Change

ACTRIS #6480985

$849,000
03/06/2025

Price Change

ACTRIS #6480985

$899,000
01/21/2025

Price Change

ACTRIS #6480985

$949,000
02/15/2024

Listed (Active)

ACTRIS #6480985

$1,199,000
02/08/2024

Withdrawn

ACTRIS #1579083

$1,200,000
03/30/2022

Listed (Active)

ACTRIS #1579083

$1,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2421 South 5th Street

Taxable ValueLand$405,122Additions-Total$405,122
Tax Record2024$9,364 ($780 / month)
Home Facts
Beds0Lot Size9,213 SqFtStyleResidentialCountyTRAVISAPN04020404150000

Schools near 2421 South 5th Street

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dawson Elementary School
PublicPK to 5

Lively Middle School
Public6 to 8

Travis High School
Public9 to 12

Phoenix Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2421 South 5th Street is a 0.21 ac of land for sale in Austin, TX 78704. This property was listed for sale on February 15, 2024 by Moreland Properties, it's currently listed at $849,000. This listing's school district is Austin Independent School District. Nearby schools include Dawson Elementary School, Lively Middle School and Travis High School. 2421 South 5th Street is a 0-bed, 0-bath, 0.21 ac of land on a 9,234 sq. ft. / 0.21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Moreland Properties, Julia Mistler, TREC #0651327

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.