700 & 604 Corral Lane
Austin, TX 78745
2.01Acres(Lot)
Ideal HOME / HOME2 development site. This 2.01+/- acre assemblage of two 1+/- acre city lots is in the sweet spot for size and density under the code, ideal for a mid-density entry level sale or single family rental development in the heart of Austin. Feasibility studies by LLVLL Design / Build projects up to 31 units @ 1650 sqft / unit, equating to over 51,000 buildable sqft, extracting maximum benefit from 90% FAR allowed under the code if used strategically. At 51k sqft land cost is under $30/sqft. Nice level site with easy access. Arborist indicates all existing trees can be removed. The existing homes are both occupied allowing for a low cost entry point leveraging conventional residential lending and substantial interim rental income while in the lead up to groundbreaking. One of bot
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Main Square Feet: 2.01 Lot Size Acres: 2.01 Lot Description: Cleared,CityLot,Level,OpenLot,FlatProperty Information
Subdivision: Circle S Ridge Sec 01 Source Property Type: Land Zoning Description: SF-2, HOME & HOME2 compatible Property SubType: Multiple Parcels
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Listing Price Information
Listing Price: $1500000Cash, Conventional
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Tax Information
Parcel Number: 04240702020000 Tax Lot: 25 & 26 Tax Block: A Tax Year: 2025 Annual Tax: $16018 Tax Legal Desc: LOT 25 BLK A CIRCLE S RIDGE SEC 1 & LOT 26 BLK A CIRCLE S RIDGE SEC 1
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School Information
Elementary School: Pleasant Hill Junior High School: Bedichek Senior High School: Crockett -
Utility Information
ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected -
Location Information
Direction: From S I-35 frontage, right on Corral, first two units on right. No sign. Do not enter properties without making arrangements with agent. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4417 Garnett Street, Austin, TX, 78745 | $299,000 | -- | -- | -- | 0.19 Acre(Lot) |
| 4419 Garnett Street, Austin, TX, 78745 | $299,000 | -- | -- | -- | 0.19 Acre(Lot) |
| 506 Clover, Austin, TX, 78745 | $395,000 | -- | -- | -- | 0.26 Acre(Lot) |
| 506 Clover Court, Austin, TX, 78745 | $395,000 | -- | -- | -- | 0.26 Acre(Lot) |
| 4518 S 2nd Street, Austin, TX, 78745 | $425,000 | -- | -- | -- | 0.13 Acre(Lot) |
| 321 Ramble Lane, Austin, TX, 78745 | $185,000 | -- | -- | -- | 0.46 Acre(Lot) |
| 5502 Humming Bird Lane, Austin, TX, 78745 | $260,000 | -- | -- | -- | 0.21 Acre(Lot) |
| 4306 Banister Lane, Austin, TX, 78745 | $800,000 | -- | -- | -- | Acres (Lot)-- |
| 4411 Banister Lane, Austin, TX, 78745 | $999,999 | -- | -- | -- | 0.51 Acre(Lot) |
| 1321 Redd Street, Austin, TX, 78745 | $350,000 | -- | -- | -- | 0.18 Acre(Lot) |
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ByOwner last updated this listing 06/07/2026 @ 08:10
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