1402 Valleyridge Dr, Austin, TX 78704

Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by:darsh parikh
Office:compass re texas, llc.
MLS#:6541221
Source:ACTRIS
1402 Valleyridge Dr,Austin, TX 78704
$899,000
  • 0 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$899,000

About this home

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.

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Home facts

  • Listing ID #:6541221
  • Updated:November 03, 2025 at 06:14 PM

Schools

  • High school:Austin
  • Elementary school:Zilker

Finances and disclosures

  • Price:$899,000
  • Tax amount:$8,428 (2024)
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