Austin, TX 78745 700 & 604 Corral Ln
$1,700,000



9 more










Presented By: Texas Ally Real Estate Group;
Home Details
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.
Presented By: Texas Ally Real Estate Group;
Interior Features for 700 & 604 Corral Ln
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
General for 700 & 604 Corral Ln
Additional Parcels Y/NYes
CityAustin
Community FeaturesNone
CountyTravis
DirectionsDue to I-35 construction, must access from west. Wllm Cannon to south on Circle S Rd, left on Corral, all the way to end, last two houses on left. No sign. Do not enter properties without making arrangem
DisclosuresLead Base Paint Addendum, Seller Disclosure
Elementary SchoolPleasant Hill
HOANo
High SchoolCrockett
Lot Size Square Feet87555.6
MLS Area10S
Middle/Junior High SchoolBedichek
New ConstructionNo
Other StructuresResidence, Second Residence, See Remarks
Property SubtypeMultiple Lots (Adjacent)
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCircle S Ridge Sec 01
Tax Annual Amount11703
Tax Assessed Value1055950
Tax Year2025
TopographyFLAT
UtilitiesElectricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
ViewNone
Waterfront FeaturesNone
ZoningSF-2, HOME & HOME2 compa
Exterior for 700 & 604 Corral Ln
Horse Amenities None
Horse Y/NNo
Lot FeaturesCity Lot, Cleared, Level, Open Lot, Public Maintained Road
Lot Size Acres2.01
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Bedichek Middle School
Elementary School
Pleasant Hill Elementary School
High School
Crockett High School
