Austin, TX 78704,1402 Valleyridge DR
Austin, TX 78704,1402 Valleyridge DR
Austin, TX 78704,1402 Valleyridge DR
Austin, TX 78704,1402 Valleyridge DR
Austin, TX 78704,1402 Valleyridge DR
Austin, TX 78704,1402 Valleyridge DR
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Kaleb Wenson

Kaleb Wenson

+1(512) 552-2548
$ 899,000
Est. payment | /mo

0.83 Acres Lot

Save
$ 899,000
Est. payment | /mo
Save

0.83 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Multiple Lots (Adjacent)

Listing Status Active

Purchase Type For Sale

Subdivision South Lamar

MLS Listing ID 6541221

Annual Tax Amount $8,427

Tax Year 2024

Lot Size 0.830 Acres

Acres 0.83

Property Sub-Type Multiple Lots (Adjacent)

Source actris

Property Description

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!

Location

State TX

County Travis

Interior

Fireplace No

Exterior

Community Features See Remarks

Utilities Available See Remarks

Waterfront Description None

View Neighborhood

Building

Lot Description Level, Open Lot, Subdivided

Sewer See Remarks

Water See Remarks

New Construction No

Schools

Elementary Schools Zilker

Middle Schools O Henry

High Schools Austin

School District Austin Isd

Others

Special Listing Condition See Remarks

Listed by Compass RE Texas, LLC

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Cedar Creek Elementary School

    Public | PK - 5

  • 9

    Barton Hills Elementary School

    Public | KG - 6

  • 8

    Zilker Elementary School

    Public | PK - 5

  • 8

    Matthews Elementary School

    Public | PK - 6

  • 7

    Becker Elementary School

    Public | PK - 5

  • 7

    Pease Elementary School

    Public | KG - 6

  • 6

    Sunset Valley Elementary School

    Public | PK - 5

  • 6

    Eden Park Academy

    Public | PK - 6

  • 6

    Odom Elementary School

    Public | PK - 5

  • 6

    St. Elmo Elementary School

    Public | PK - 5

  • 6

    Dawson Elementary School

    Public | PK - 5

  • 6

    Travis Heights Elementary School

    Public | PK - 5

  • 5

    Joslin Elementary School

    Public | PK - 5

  • 5

    Pleasant Hill Elementary School

    Public | PK - 5

  • 5

    Sanchez Elementary School

    Public | PK - 5

  • 4

    Galindo Elementary School

    Public | PK - 5

  • 4

    Harmony School of Excellence

    Public | KG - 12

  • 4

    Linder Elementary School

    Public | 1 - 5

  • 3

    Houston Elementary School

    Public | PK - 5

  • 1

    Cunningham Elementary School

    Public | PK - 5

Middle Schools 12
  • 10

    Hill Country Middle School

    Public | 6 - 8

  • 9

    Richards School for Young Women Leaders

    Public | 6 - 12

  • 7

    Texas Empowerment Academy

    Public | 6 - 9

  • 5

    Fulmore Middle School

    Public | 6 - 8

  • 2

    Bedichek Middle School

    Public | 6 - 8

  • 1

    Martin Middle School

    Public | 6 - 8

  • 0

    Premier High School of Austin

    Public | 7 - 12

  • 0

    Science-Tech Preparatory

    Public | 7 - 10

  • 0

    San Juan Diego Catholic High School

    Private | 8 - 12

  • 0

    Phoenix Academy

    Public | 8 - 12

  • 0

    Leadership Academy

    Public | 7 - 12

  • 0

    The Khabele School

    Private | 6 - 12

High Schools 6
  • 10

    Westlake High School

    Public | 9 - 12

  • 7

    Austin High School

    Public | 9 - 12

  • 4

    Crockett High School

    Public | 9 - 12

  • 3

    Travis High School

    Public | 9 - 12

  • 0

    American Youthworks Service Learning Academy

    Public | 9 - 12

  • 0

    Premier High School at Travis

    Public | 9 - 12

School and business data provided by Attom Data.
Kaleb Wenson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(512) 552-2548

kaleb@texasland.com

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1402 Valleyridge DR