LOT SIZE 2.010 acres
MLS#2478448
STATUSActive
PROPERTY TYPELand
SUBDIVISIONCircle S Ridge
SCHOOLAustin ISD
Property Description
Ideal HOME / HOME2 development site. This 2.01+/- acre assemblage of two 1+/- acre city lots is in the sweet spot for size and density under the code, ideal for a mid-density entry level sale or single family rental development in the heart of Austin. Feasibility studies by LLVLL Design / Build projects up to 31 units @ 1650 sqft / unit, equating to over 51,000 buildable sqft, extracting maximum benefit from 90% FAR allowed under the code is used strategically. At that total sqft, land cost is under $30/sqft. Nice level site with easy access. Arborist indicates all existing trees can be removed. The existing homes are both occupied allowing for a low cost entry point leveraging conventional residential lending and interim rental income while in the lead up to groundbreaking. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis on the land with minimal impact to the total project unit count. I-35 Capital Express South project with easy access from both directions and a 2023 daily traffic count of over 190,000. Major infrastructure improvements related to the TXDOT effort just completed. Buyers to do all their own due diligence. Contact LA for more information.
Property Features
Property Type: Land
Lot Size: 2.01 Acres
Taxes: $16,018
Feature Descriptions
Area #: 10S
Flood Plain: No
Lot: City Lot, Cleared, Level, Open Lot, Public Maintained Road
Mineral Rights: None
Parcel#: 04240702020000
Restrictions: See Remarks
Sewer: Public Sewer
Topography: FLAT
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Crockett
Middle School: Bedichek
Elementary School: Pleasant Hill
School District: Austin ISD
Listed By / Shown By
Listed By
Agency Name: Texas Ally Real Estate Group
Agency Contact: (512) 763-2559
Shown By
Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City
Estimate Your Payment
Estimated Payment
$ 5,110.68 per month $3,338.35 Principal & Interest $1,334.83 Property Tax $437.50 Homeowner's InsuranceChange Payment Information
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 4:24:58 AM EST) or Austin MLS (last updated Thu 03/19/2026 12:27:31 AM EST) or CTXMLS (last updated Wed 03/18/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Each office independently owned and operated.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 4:24:58 AM EST) or Austin MLS (last updated Thu 03/19/2026 12:27:31 AM EST) or CTXMLS (last updated Wed 03/18/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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700 & 604 Corral Ln | MLS# 2478448
This land located at 700 & 604 Corral Ln, Austin, TX 78745 is currently listed for sale with an asking price of $1,500,000. The property has approximately 2.01 Acres. & 604 Corral Ln is located within the Austin ISD school district. Search Austin real estate on www.millingaboutre.com today.