2.01+/- acre assemblage of two 1 ac city lots, ideal site 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. Two existing homes - one has classic MCM style, the other an older cottage - one or both could be saved / renovated/ flipped to substantially lower the cost basis of the land $/ unit land cost, or leveraged as interim income. Everyone is pitching HOME / HOME 2 on every lot in Austin, but this is exactly what this code was intended to do. Buyers to do all their own due diligence. Properties to be sold together. Contact LA for more information.
Property Details
Property Features
Listing Office:
Office Name: Texas Ally Real Estate Group
Office Phone: (512) 763-2559
Listing Agent: David Mosrie
Exterior Features
Exterior Information:
Waterfront: None
View: None
Lot Features
Lot Information:
Lot: City Lot, Level, See Remarks, Few Trees
Lot Size: 2.01 Acres
Other
Directions Information:
Directions: Due to I-35 construction, must access from west. Wllm Cannon to south on Circle S Rd, left on Corral, all the way to end, last two houses on left. No sign. Do not enter properties without making arrangements with agent.
Price Information
Listing Price Info
Price Summary:
List Price: $1,800,000
Tax Information:
Annual Amount: $4,690
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Austin, TX.
This property is $1.2M more than the Median Sold Price in Austin, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #5065495
Listing Office:
Office Name: Texas Ally Real Estate Group
Office Phone: (512) 763-2559
Listing Agent: David Mosrie
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,690
$239,405
2019
$5,134
$217,641
2018
$3,982
$197,855
2017
$3,647
$179,868
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Wayside Real Learning Academy
6405 S Interstate 35
Distance between this listing and this school0.64 miles
Public Charter Grades PK-5
2
/10
Langford Elementary School
2206 Blue Meadow Dr
Distance between this listing and this school0.73 miles
Public District Grades EE-5
5
/10
Pleasant Hill Elementary School
6405 Circle S Rd
Distance between this listing and this school0.76 miles
Public District Grades EE-5
Nearby Schools
5
/10
Bedichek Middle School
6800 Bill Hughes Rd
Distance between this listing and this school0.94 miles
Public District Grades 6-8
4
/10
Kipp Paseo Preparatory School
5107 S Ih 35 Frontage Rd
Distance between this listing and this school1.61 miles
Public Charter Grades 5-6
4
/10
Kipp Austin Beacon Preparatory
5107 I 35 S
Distance between this listing and this school1.61 miles
Public Charter Grades 5-8
Nearby Schools
7
/10
Valor South Austin
220 Foremost Dr
Distance between this listing and this school0.51 miles
Public Charter Grades KG-10
3
/10
Wayside Science-Tech Middle and High School
6405 S Interstate 35
Distance between this listing and this school0.64 miles
Public Charter Grades 6-12
4
/10
Kipp Austin Brave
5107 I 35 S Ste A
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $24,884. The majority of Austin, TX residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 700 Corral Ln
What is the listing price of this property?
The listing price of 700 Corral Ln property is $1,800,000.
What type of property is this?
The property 700 Corral Ln is land located in Austin, Texas, 78745.
Is this property for sale now?
Active Listing: 700 Corral Ln is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,690 (source: MLS/based on county public records data).
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This home is located at 700 Corral Ln in Austin, TX and zip code 78745 in the Circle S Ridge neighborhood. This home sits on a 2.01 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,800,000.
Austin, TX housing market in November 2024 saw over 59 listings sold above listed price, more than 96 sold at listed price and over 446 sold below. The inventory of homes for sale in Austin, TX between October 2024 and November 2024 decreased by 1.1%. Listings spent 74 days on the market in November 2024, and had a median list price of $567,441 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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