10
See all 10 photos
$89,500
Est. payment /mo
0.35 Acres Lot
Active
TBD Veldt DR Austin, TX 78725
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UPDATED:
09/02/2024 04:09 PM
Key Details
Property Type Single Family Home, 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
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 N
Exterior
Community Features Airport/Runway, See Remarks
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Neighborhood
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
Restrictions See Remarks
Acceptable Financing Cash
Tax Rate 1.63
Listing Terms Cash
Special Listing Condition Standard
Listed by eXp Realty, LLC • Adri Overton
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