JoinServicesInsightsAbout Us
USATXAustinCircle S Ridge Sec 01700 Corral Lane
700 Corral Lane, Home with 0 bedrooms, 0 bathrooms and null parking in Austin TX | Image 1
Link Copied
$1,700,000

700 Corral Lane, Austin, TX

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multiple Parcels
Levels Land
Size -
Garage No
Taxes $11,703
Days Active 56
Lot Size 
Approx. Age 
MLS® Number 4828686

Property Address: 

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

Description

Ideal HOME / HOME2 development site. 2.01+/- acre assemblage of two 1 AC city lots, ideal for entry level build for sale or build for rent HOME 2 development. Feasibility study by LLVLL Design / Build projects 31 units @ 1650 sqft / ea under the new code for over 51, 000 buildable sqft, or around $35/sqft land cost. Arborist indicates all existing trees can be removed. By leveraging the small site & 1650 sqft min/ unit provision of HOME 2 you can extract over 90% FAR per site based on preliminary site plan. At 31 sites land cost is less than $60, 000 per unit. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis of the land $/ unit land cost, or leveraged as interim income. Other uses possible under SF2 to leverage improved access and traffic counts related to the ongoing TXDOT I-35 Capital Express South project with easy access from both directions and a 2023 daily traffic count of over 190, 000. Buyers to do all their own due diligence. Properties to be sold together. Contact LA for more information.Show Description
MLS® Number4828686
Laundry Level
Central VacNo
FireplaceNo
Acreage2.01
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing