$89,500
- Beds
- Unknown
- sq ft
- Unknown
TBD Veldt DR, Austin, TX 78725
TBD Veldt DR
Austin, TX 78725
- 108 days on market
- Price drop $10,000↓
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.
Details
Property type
Lot size
0.3539 acres
Price per sq ft
Unknown
Year built
Unknown
Annual property taxes
$733.52
HOA
No
Price History
09/02/2024
Austin #2244808
Price change
$89,500
-10.05%
08/19/2024
Austin #2244808
Price change
$99,500
-16.39%
08/03/2024
Austin #2244808
Listed
$119,000
Schools & Community
Elementary school:
Oak Meadows
Middle school:
Decker
High school:
Manor
Community features: Airport/Runway
Community features:
Airport/Runway
High school district:
Manor ISD
Status: Active
Tomo last checked: 11/19/2024 at 9:40 PM
Listing updated: 09/02/2024 at 11:10 AM
Listed by: Adri Overton, eXp Realty, LLC Phone #: (888) 519-7431
MLS: Austin #2244808
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