7605 Albert Rd offers an ideal infill development opportunity with street frontage on two sides. Property may support up to 35+- units by right with in-place SF-6-CO zoning. City of Austin ordinance attached in listing documents. Take advantage of new home sales velocity in South Austin, as infill opportunities at this size are being actively developed. Seller is open to Seller finance with approved credit, down payment. Albert currently has an 1,100 sq ft home on site. Use home as field office or to produce income while going through the entitlement process / development process. All development related documents stored on listing folder. Buyers, please conduct your own due diligence. Please call text or email with any questions.
Property Details
Property Features
Listing Office:
Office Name: Capital River Realty LLC
Office Phone: (512) 766-0543
Listing Agent: Cody Carr
Exterior Features
Exterior Information:
Waterfront: None
View: Trees/Woods
Exterior: Private Yard
Lot Features
Lot Information:
Lot: Corner Lot, Gentle Sloping, Open Lot, See Remarks
Lot Size: 3.11 Acres
School Info
Assigned Schools Information:
Akins High School, Public District Grades 9-12
Bedichek Middle School, Public District Grades 6-8
Casey Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Take TX-1 Loop South toward William Cannon. Take exit toward William Cannon Dr. Use left two lanes to turn left on William Cannon. Then, turn right on Menchaca Rd. Then turn left on Matthews ln, then right on Albert Rd. Property down on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $2,400,000
Tax Information:
Annual Amount: $7,533
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Austin, TX.
This property is $1.8M 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: #7137862
Listing Office:
Office Name: Capital River Realty LLC
Office Phone: (512) 766-0543
Listing Agent: Cody Carr
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: 11/5/2024, 10:20:49 AM 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
$7,533
$376,321
2019
$8,071
$342,110
2018
$6,260
$311,009
2017
$5,732
$282,735
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12K
Per Month
Principal & Interest
$11.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,262
Powered By
Advertisement
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.
Elementary School
7
/10
Casey Elementary School
9400 Texas Oaks Dr
Distance between this listing and this school1.27 miles
Public District Grades PK-5
Middle School
5
/10
Bedichek Middle School
6800 Bill Hughes Rd
Distance between this listing and this school1.10 miles
Public District Grades 6-8
High School
3
/10
Akins High School
10701 S 1st St
Distance between this listing and this school3.06 miles
Public District Grades 9-12
Assigned Schools
7
/10
Casey Elementary School
9400 Texas Oaks Dr
Distance between this listing and this school1.27 miles
Public District Grades PK-5
Nearby Schools
6
/10
Eden Park Academy
6215 Manchaca Rd Bldg D
Distance between this listing and this school1.11 miles
Public Charter Grades PK-6
5
/10
Williams Elementary School
500 Mairo St
Distance between this listing and this school1.14 miles
Public District Grades PK-5
Assigned Schools
5
/10
Bedichek Middle School
6800 Bill Hughes Rd
Distance between this listing and this school1.10 miles
Public District Grades 6-8
Nearby Schools
6
/10
Idea Allan College Preparatory
220 Foremost Dr
Distance between this listing and this school1.75 miles
Public Charter Grades 6-7
3
/10
Paredes Middle School
10100 S Mary Moore Searight Dr
Distance between this listing and this school1.83 miles
Public District Grades 6-8
Assigned Schools
3
/10
Akins High School
10701 S 1st St
Distance between this listing and this school3.06 miles
Public District Grades 9-12
Nearby Schools
1
/10
Tnc Campus (Texas Neurorehabilitation Center)
1106 W Dittmar Rd
Distance between this listing and this school0.31 miles
Public Charter Grades 2-12
2
/10
Crockett High School
5601 Manchaca Rd
Distance between this listing and this school1.50 miles
The neighbors living near this home have an average income of $72,969. Most Austin, TX residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7605 Albert Rd
What is the listing price of this property?
The listing price of 7605 Albert Rd property is $2,400,000.
What type of property is this?
The property 7605 Albert Rd is land located in Austin, Texas, 78745.
Is this property for sale now?
Active Listing: 7605 Albert Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7605 Albert Rd are: Casey Elementary School: GreatSchools Rating 7/10Bedichek Middle School: GreatSchools Rating 5/10Akins High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,533 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7605 Albert Rd in Austin, TX and zip code 78745 in the Southwest neighborhood. This home sits on a 3.11 acre lot. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $2,400,000.
While more than 66 listings in Austin, TX in October 2024 were sold above asking price, there were more than 96 listings sold at asking price, and more than 506 were sold below. The number of listings in Austin, TX increased by 6.3% between September 2024 and October 2024. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $566,430.
From Rocket Homes Real Estate and based on county public records data.