4 months on rocket

TBD Veldt Dr, Austin, TX, 78725

$89,500

0.35 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontNone
ViewNeighborhood
MLS #4846992
Lot Size0.35 Acres
StatusActive

About TBD Veldt Dr

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. 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.

Property Details

Property Features

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (512) 507-8869
  • Listing Agent: Adri Overton

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.35 Acres

Other

Directions Information:

  • Directions: Head south east on 969 from 183. Take a right onto Imperial Drive. Lot will be on your left at the corner off Lower Dr and Veldt Dr. (Imperial Dr. turns into Lower Dr. at this corner.)

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,500
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

TBD Veldt Dr vs Austin

143 DAYS ON ROCKET

+69 Days

$89,500

-$477.9K Less

KEY TAKEAWAY

This property is $477.9K less 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: #4846992

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (512) 507-8869
  • Listing Agent: Adri Overton

IDX 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.

IDX 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.


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Last updated on: 12/25/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$514

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$335

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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.

Nearby Schools

school-card-donut-1486784
8
/10
  • Matthews Elementary School

  • 906 W Lynn St

  • 1.37 miles

  • Public District Grades PK-6

school-card-donut-1486785
8
/10
  • Cedar Creek Elementary School

  • 3301 Pinnacle Rd

  • 1.54 miles

  • Public District Grades KG-5

school-card-donut-1486786
9
/10
  • Eanes Elementary School

  • 4101 Bee Caves Rd

  • 1.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $161,224. Typical income of Austin, TX residents is $200k+ annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD Veldt Dr

What is the listing price of this property?

The listing price of TBD Veldt Dr property is $89,500.

What type of property is this?

The property TBD Veldt Dr is land located in Austin, Texas, 78725.

Is this property for sale now?

Active Listing: TBD Veldt Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property TBD Veldt Dr is 0.35 acres.
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Rocket HomesTexasTravis CountyAustin78725TBD Veldt Dr

This home is located at TBD Veldt Dr in Austin, TX and zip code 78725 in the Stratford Hills neighborhood. This home sits on a 0.35 acre lot. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $89,500.

Over 59 listings were sold over their listed price in November 2024 in Austin, TX. In the same period over 446 listings were sold below the listed price and 96 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between October 2024 and November 2024 decreased by 1.1%. The median list price of listings available in November 2024 was $567,441, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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