700 & 604 Corral Ln, Austin, TX 78745

Austin
Local realty services provided by:ERA Experts
Listed by: david mosrie
Office: texas ally real estate group
MLS#:2478448
Source:ACTRIS
700 & 604 Corral Ln,Austin, TX 78745
$1,500,000
  • 2.01 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,500,000

About this home

Ideal HOME / HOME2 development site. This 2.01+/- acre assemblage of two 1+/- acre city lots is in the sweet spot for size and density under the code, ideal for a mid-density entry level sale or single family rental development in the heart of Austin. Feasibility studies by LLVLL Design / Build projects up to 31 units @ 1650 sqft / unit, equating to over 51,000 buildable sqft, extracting maximum benefit from 90% FAR allowed under the code if used strategically. At 51k sqft land cost is under $30/sqft. Nice level site with easy access. Arborist indicates all existing trees can be removed. The existing homes are both occupied allowing for a low cost entry point leveraging conventional residential lending and substantial interim rental income while in the lead up to groundbreaking. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis on the land with minimal impact to the total project unit count. I-35 Capital Express South project...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:2478448
  • Updated:June 29, 2026 at 04:33 AM

Structure and exterior

  • Lot area:2.01 Acres
  • Lot Features:City Lot, Cleared, Level, Open Lot, Public Maintained Road

Schools

  • High school:Crockett
  • Elementary school:Pleasant Hill

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$16,018 (2025)
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated June 28, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS.

New listings near 700 & 604 Corral Ln