700 & 604 Corral Ln
Austin, TX 78745
- – beds
- – baths
- – sqft
- ~2 acre lot
- – on site
2.01+/- acre assemblage of two 1 ac city lots, ideal site 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. Two existing homes - one has classic MCM style, the other an older cottage - one or both could be saved / renovated/ flipped to substantially lower the cost basis of the land $/ unit land cost, or leveraged as interim income. Everyone is pitching HOME / HOME 2 on every lot in Austin, but this is exactly what this code was intended to do. Buyers to do all their own due diligence. Properties to be sold together. Contact LA for more information.
Last checked:
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Checking…
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Last updated Sep 30, 2024
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MLS# 5065495 —
The Building
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New Construction:false
Location
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Directions:Due 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 arrangements with agent.
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Latitude:30.185421
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Longitude:-97.775135
The Property
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Property Type:Land
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Subtype:Multi Lots (Adjacent)
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Property Condition:See Remarks
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Parcel Number:04240702020000
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Lot Features:City Lot
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Lot Size Acres:2.01
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Lot Size Area:2 Sqft
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Lot Size SqFt:87555.6
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View:None
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Other Structures:Residence
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 516-9722
- Office phone:
- (512) 763-2559
Taxes
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Tax Annual Amount:6341.66
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Schools
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Elementary School:Pleasant Hill
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Elementary School District:Austin ISD
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Middle Or Junior School:Bedichek
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Middle Or Junior School District:Austin ISD
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High School:Crockett
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High School District:Austin ISD
The Community
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Subdivision Name:Circle S Ridge Sec 01
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Community Features:None
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Association:false
Extra Units
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Additional Parcels:true
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/30/24
Sep 30, 2024
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Listed / Active | ABOR | $1,800,000 |
