700 & 604 Corral Lane, Austin, TX

$1,700,000

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2.01

Acres

About 700 & 604 Corral Lane

Ideal HOME / HOME2 development site. 2.01+/- acre assemblage of two 1 ac city lots, ideal for entry level build for sale or build for rent HOME 2 development. Feasibility study by LLVLL Design / Build projects 31 units @ 1650 sqft / ea under the new code for over 51,000 buildable sqft, or around $35/sqft land cost. Arborist indicates all existing trees can be removed. By leveraging the small site & 1650 sqft min/ unit provision of HOME 2 you can extract over 90% FAR per site based on preliminary site plan. At 31 sites land cost is less than $60,000 per unit. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis of the land $/ unit land cost, or leveraged as interim income. Other uses possible under SF2 to leverage improved access and traffic counts related to the ongoing TXDOT I-35 Capital Express South project with easy access from both directions and a 2023 daily traffic count of over 190,000. Buyers to do all their own due diligence. Properties to be sold together. Contact LA for more information.

Features of 700 & 604 Corral Lane

MLS® # 4828686
Price $1,700,000
Bathrooms 0.00
Acres 2.01
Type Land
Sub-Type Multiple Parcels
Status Active

Community Information

Address 700 & 604 Corral Lane
Area 10S
Subdivision Circle S Ridge Sec 01
City Austin
County Travis
State TX
Zip Code 78745

Amenities

Utilities Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Features None
View None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Cleared, City Lot, Level, Open Lot, Flat

School Information

District Austin ISD
Elementary Pleasant Hill
Middle Bedichek
High Crockett

Additional Information

Date Listed July 2nd, 2025
Days on Market 103
Zoning SF-2, HOME & HOME2 compat
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTexas Ally Real Estate Group
Contact Info(512) 763-2559

Listing Map

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