1402 Valleyridge Dr
Austin, TX 78704
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- – on site
A GOLDEN opportunity for investors and developers to secure a prime 0.83-acre lot in the highly sought-after 78704 zip code, already subdivided into three SF3 lots, allowing for the development of up to nine units under the new HOME code. Strategically located just minutes from Zilker Park, Downtown Austin, South Congress, and Austin’s best dining, shopping, and entertainment, this property is situated in one of the fastest-growing and most desirable neighborhoods in the city. With Lot 22A measuring 10,935 SQFT, Lot 22B at 10,331 SQFT, and Lot 22C at 9,573 SQFT, each lot can accommodate three units, with a total Floor Area Ratio (FAR) ranging from 6,222 SQFT to 7,107 SQFT, maximizing development potential. Whether you choose to build and sell nine luxury homes or develop high-end rental units, this opportunity offers substantial returns in a high-demand market. Adding to its appeal, the site offers unobstructed downtown Austin views, further enhancing the value of future properties. With Austin’s real estate market experiencing continued appreciation and strong buyer demand, this project presents a lucrative investment in a premium location. The listing agent is available to assist with detailed development analysis, architectural and engineering coordination, and builder selection, ensuring a seamless path from acquisition to completion. Buyer to complete all due diligence and verify all information. Don’t miss out on this rare investment opportunity in one of Austin’s most thriving areas!
Last checked:
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Last updated Feb 19, 2025
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MLS# 4471568 —
The Building
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New Construction:false
Financial & Terms
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Restrictions:See Remarks
Location
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Latitude:30.235994
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Longitude:-97.773996
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Directions:South on S Lamar, Left on Del Curto, Bend left to Lightsey, Right on Dolphin, Left on Valleyridge. Lots are in the back of the cul de sac. (3 total - side by side)
The Property
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Property Type:Land
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Subtype:Multi Lots (Adjacent)
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Parcel Number:04050803440009
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Other Structures:None
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Lot Features:Level
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Lot Size Acres:0.83
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Lot Size Area:0 Sqft
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Lot Size SqFt:36,154 Sqft
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View:Neighborhood
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Additional Parcels:true
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FEMA Flood Plain:See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (512) 593-3138
- Office phone:
- (512) 575-3644
Taxes
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Tax Annual Amount:$8,427.66
The Listing
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Special Listing Conditions:See Remarks
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Listing Terms:Cash
Utilities
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Utilities:See Remarks
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Sewer:See Remarks
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Water Source:See Remarks
Schools
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Elementary School:Zilker
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Elementary School District:Austin ISD
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Middle School:O Henry
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Middle School District:Austin ISD
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High School:Austin
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High School District:Austin ISD
The Community
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Subdivision Name:South Lamar
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Community Features:See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/18/25
Feb 18, 2025
|
Listed / Active | ABOR | $1,550,000 |
