tomo logo

$1,000,000

Beds
3
Baths
2.0
sq ft
1,636

11918 Foley Dr, Del Valle, TX 78617

11918 Foley Dr

Del Valle, TX 78617

  • 6 days on market
Looking for a prime opportunity? Imagine the potential of nearly 5 sprawling acres in the rapidly developing area of Del Valle, TX, just minutes from major attractions. This property is uniquely positioned for transformation and offers a range of possibilities for creative investors or those looking to build their dream home on expansive land close to the city. You will enjoy the freedom from HOA restrictions along with the advantages of being in Austin ETJ, and the ability to keep horses on your property. Ideally situated just 2.7 miles from Circuit of the Americas, 5 miles from Austin-Bergstrom Airport, and close to Tesla’s Gigafactory, this location provides easy access to major amenities and the vibrant culture of Austin, all just a short drive away. The area is undergoing significant development, with properties in the subdivision transitioning to commercial use, enhancing its flexibility and providing convenient access to local businesses. The property currently features a 3-bedroom, 2-bathroom home with 1,636 sq. ft. of living space, complete with tile flooring throughout, and offers excellent potential for rental income. Additional features include a fenced horse pasture, an oversized storage shed, eye-catching exterior lighting, and a picturesque setting with beautiful trees. Two gated entrances lead to a spacious driveway area, offering both privacy and convenience. Take advantage of this unique opportunity to own a prime piece of land in Del Valle, TX—act now to explore its full potential!

Details

Property type

Single Family Residence

Est. home value

$393,944

Lot size

4.9 acres

Price per sq ft

$612

Year built

1983

Annual property taxes

$4,514.02

HOA

No

Price History

09/12/2024
Austin

Austin #5275858

Listed
$1,000,000

Schools & Community

Elementary school: 

Popham

Middle school: 

Del Valle

High school: 

Del Valle

Community features: 

None

High school district: 

Del Valle ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pioneer Bank

Loan start date

October 2016

Original loan amount

$188,000

Est. remaining balance

Not provided

Interest rate

2.83%

Loan type

Credit Line (Revolving), 15 year

Seller

Kevin Gus De Los Santos

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 4:40 AM

Listing updated: 09/14/2024 at 9:40 AM

Listed by: Richard Calhoun, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Austin #5275858

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