TBD Veldt DR, Austin, TX 78725 - MLS#4846992 - Jaymes Willoughby

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Jaymes Willoughby

[email protected] +1(512) 731-9250

$89,500

Est. payment - /mo

0.35 Acres Lot

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UPDATED:

09/02/2024 04:09 PM

Key Details

Property Type Vacant Land

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Subdivision Imperial Valley Sec 01 Amd

MLS Listing ID 4846992

Originating Board actris

Annual Tax Amount $733

Tax Year 2024

Lot Size 0.354 Acres

Acres 0.3539

Property Description

Invest in the future with this 1/3 acre corner lot, featuring a 300 SF tiny home and just minutes from Colorado River water access. Located in the up-and-coming Imperial Valley neighborhood, this property is surrounded by major development projects, making it a prime investment opportunity. The adjacent John Trevino Jr. Metropolitan Park at Morris Ranch is a 330-acre undeveloped parkland with exciting master plans including stages, food trucks, and space for small to medium concerts. Discover more about these plans here: https://austinparks.org/park/john-trevino-jr-metro-park/ On the opposite side, Bud Dryden Airport is poised for major attractions once completed, making this lot even more valuable due to its perfect position between the park and the airport for future concerts and events.The popular Sign Bar is minutes away, along with the massive $800M Walter E Long Metro project ( https://www.austintexas.gov/sites/default/files/files/Parks/Planning_and_Development/WaterELong/WEL%20Vision%20Plan%20Digital%20Final%20Draft%202020-08-11.pdf ) adding to the area?s growth potential. Currently, the property generates $1,800/month from leasing parking spaces to trailer owners and renting the tiny home. Situated in Austin?s ETJ, the lot has low restrictions, but buyers must build above the floodplain (around 2 ft above BFE base floodplain elevation)) and provide septic, water, and electricity. Buyer must verify all info and conduct their own due diligence. Don?t miss this affordable opportunity to buy before the word gets out and developments start breaking ground.

Location

State TX

County Travis

Interior

Fireplace No

Exterior

Community Features Airport/Runway, See Remarks

Utilities Available Electricity Available, Water Available

Waterfront Description None

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Building

Lot Description Corner Lot, Level

New Construction No

Schools

Elementary Schools Oak Meadows

Middle Schools Decker

High Schools Manor

School District Manor Isd

Others

Special Listing Condition Standard

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Listed by eXp Realty, LLC

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Jaymes Willoughby

+1(512) 731-9250

Agent | License ID: 0348568

Agent License ID: 0348568