tomo logo

$89,500

Beds
Unknown
sq ft
Unknown

TBD Veldt DR, Austin, TX 78725

TBD Veldt DR

Austin, TX 78725

  • 141 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

Austin #2244808

Price change
$89,500
-10.05%
08/19/2024
Austin

Austin #2244808

Price change
$99,500
-16.39%
08/03/2024
Austin

Austin #2244808

Listed
$119,000

Schools & Community

Elementary school: 

Oak Meadows

Middle school: 

Decker

High school: 

Manor

Community features: 

Airport/Runway

High school district: 

Manor ISD

Status: Active

Tomo last checked: 12/22/2024 at 1:35 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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