Large older home on a very large greenbelt lot in SHERWOOD OAKS. Blunn Creek Nature Preserve is adjacent to the home. Tremendous remodel potential. Zoned SF2 and on a corner. Potentially subdividable into 2 city lots. Buyer should verify with the COA, and not rely on any representations herein. Deed restrictions and the survey are in the documents file. Contract will need Court approval. The home is under receivership because of multiple family interests. Contact Showing Contact for showing appointment with strict 24 hours notice. rn Occupants are elderly and need 24 hour notice for showings strictly by appointment. Contact the listing agent for details and second agent for access details. This is not a distress sale. Contact listing broker for details of an offer.rnDevelopers take note – 5% price reduction. Austin City Council adopted the “Home Options for Middle-Income Empowerment” (HOME Act), allowing 3 units on SF zoned lot. The Ordinance has not been drafted at this time, but the initiative passed with a 9-2 supermajority.