Austin, TX 78744
$100K+ INSTANT EQUITY | 0.31-ACRE RE-DEVELOPMENT PLAY | 78744 HOT ZONE THE NUMBERS: Strategic acquisition opportunity priced at over $100,000 BELOW the current 2025 Tax Appraisal ($694,727). This is a high-margin "Buy & Build" or "Buy & Hold" play in one of Austin’s most aggressive growth corridors. DEVELOPMENT POTENTIAL: This massive 13,730 sq. ft. level lot (approx. 63' x 218') is a prime candidate for Austin’s HOME Initiative. Density: SF-3-NP zoning supports up to 3 units by-right (triplex or primary + ADUs). Small Lot Infill: Potential for subdivision under Phase 2 rules (Buyer to verify). Commercial Upside: Property fronts a major collector road with high visibility, positioning it for potential future rezoning to commercial/mixed-use as the Montopolis corridor densifies. LOCATION ALPHA: Directly across from the high-traffic Radio East Coffee & Live Music development. Immediate access to Hwy 71, minutes to ABIA, and the Tesla Gigafactory corridor. CONDITION: The existing 1,196 sq. ft. structure is a shell/teardown. Value is strictly in the land and the strategic location. Sold AS-IS.
| MLS ID | 3560183 | |
| Status | Active | |
| Days Active | 53 | |
| Est. Tax | 14382.13 | |
| Lot Size | 0.3152 | |
| Year Built | 1965 | |
| Total Bedrooms | 3 | |
| 1st Floor Bedrooms | 3 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Square Feet | 1196 | |
| Price Per SqFt | $480.77 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | ||
| Flooring | Laminate | |
| Stories | One | |
| Pool | No | |
| Courtesy of | Res and Ranch LLC (512) 829-3580 | |
| Subdivision | Thomas Gardens Sec 01 | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | CompositionComposition | |
| Construction | ||
| Foundation | Pillar/Post/Pier | |
| Fencing | Wood | |
| Elementary School | Smith | |
| Elementary District | Del Valle ISD | |
| Middle School | Ojeda | |
| Middle District | Del Valle ISD | |
| High School | Del Valle | |
| High District | Del Valle ISD | |
| Appliances | Gas RangeGas Range | |
| Heating | Electric | |
| Cooling | Central Air | |
| Exterior Features | None | |
| Lot Features | Level | |
| Community Features | None | |
| Patio Features | None | |
| Structures | None | |
| Interior Features | Primary Bedroom on Main | |
| Fencing Features | Wood | |
| Parking Features | Open | |
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