700 & 604 Corral Ln, Austin, TX 78745

Local realty services provided by:Better Homes and Gardens Real Estate Winans
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 03, 2025 at 03:54 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)
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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