700 & 604 Corral Ln, Austin, TX 78745

Local realty services provided by:ERA Experts
Listed by:david mosrie
Office:texas ally real estate group
MLS#:4828686
Source:ACTRIS
700 & 604 Corral Ln,Austin, TX 78745
$1,700,000
  • 0 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,700,000

About this home

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

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Home facts

  • Listing ID #:4828686
  • Updated:October 15, 2025 at 03:52 PM

Schools

  • High school:Crockett
  • Elementary school:Pleasant Hill

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,700,000
  • Tax amount:$11,703 (2025)
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