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Listed price in listed location currency (USD).
$1,500,000

000

MLS® 2478448

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $16,018
Days Active 0
Lot Size 2.01 acres
Approx. Age 
MLS® Number 2478448

Property Address: 700 & 604 Corral Lane, Austin, TX, 78745

Average square foot calculated using Size range provided by listing agent.

Description

Ideal HOME / HOME2 development site. This 2.01+/- acre assemblage of two 1+/- acre city lots is in the sweet spot for size and density under the code, ideal for a mid-density entry level sale or single family rental development in the heart of Austin. Feasibility studies by LLVLL Design / Build projects up to 31 units @ 1650 sqft / unit, equating to over 51, 000 buildable sqft, extracting maximum benefit from 90% FAR allowed under the code is used strategically. At that total sqft, land cost is under $30/sqft. Nice level site with easy access. Arborist indicates all existing trees can be removed. The existing homes are both occupied allowing for a low cost entry point leveraging conventional residential lending and interim rental income while in the lead up to groundbreaking. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis on the land with minimal impact to the total project unit count. I-35 Capital Express South project with easy access from both directions and a 2023 daily traffic count of over 190, 000. Major infrastructure improvements related to the TXDOT effort just completed. Buyers to do all their own due diligence. Contact LA for more information.
MLS® Number2478448
Laundry Level
Central VacNo
FireplaceNo
Acreage2.01
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
700 & 604 Corral Lane, Austin, TX

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