Homes for sale - TBD Veldt DR, Austin, TX 78725

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$89,500

Est. payment - /mo

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0.35 Acres Lot

Active

TBD Veldt DR Austin, TX 78725

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

UPDATED:

09/02/2024 04:08 PM

Key Details

Property Type Single Family Home

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Subdivision Imperial Valley Sec 01 Amd

MLS Listing ID 2244808

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. Please note, the tiny home has no kitchen or bathroom, and is relying on a generator for power and a porta potty for restroom facilities. This lot is more about the land and its potential, with buyers responsible for installing water, electricity, and septic systems. 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

Heating None

Cooling Wall/Window Unit(s)

Fireplace N

Appliance None

Exterior

Fence None

Community Features Airport/Runway, See Remarks

Utilities Available Electricity Available, Propane Needed, Sewer Not Available, Water Available

Waterfront Description None

View Neighborhood

Porch None

Total Parking Spaces 4

Private Pool Yes

Building

Lot Description Corner Lot, Level

Sewer Septic Needed

Water See Remarks

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools Oak Meadows

Middle Schools Decker

High Schools Manor

School District Manor Isd

Others

Restrictions See Remarks

Ownership Fee-Simple

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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