UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,196 sqft
Price per Sqft $480
Subdivision Thomas Gardens Sec 01
MLS Listing ID 3560183
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1965
Annual Tax Amount $14,382
Tax Year 2025
Lot Size 0.315 Acres
Acres 0.3152
Property Sub-Type Single Family Residence
Source actris
Property Description
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.
Location
State TX
County Travis
Area 11
Rooms
Main Level Bedrooms 3
Interior
Interior Features Primary Bedroom on Main
Heating Electric
Cooling Central Air
Flooring Laminate
Fireplace Y
Appliance Gas Range
Exterior
Exterior Feature None
Fence Wood
Pool None
Community Features None
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Waterfront Description None
View None
Roof Type Composition
Accessibility None
Porch None
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level
Faces East
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Wood Siding
New Construction No
Schools
Elementary Schools Smith
Middle Schools Ojeda
High Schools Del Valle
School District Del Valle Isd
Others
Restrictions City Restrictions
Ownership Fee-Simple
Acceptable Financing Cash, Conventional
Tax Rate 1.9526
Listing Terms Cash, Conventional
Special Listing Condition Real Estate Owned
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Victor A Aguilar
Agent/Team Lead | License ID: 0653089
Agent/Team Lead License ID: 0653089