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
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 $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
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: 12/25/2024, 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$514
Per Month
Principal & Interest
$447
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
$335
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Matthews Elementary School
906 W Lynn St
Distance between this listing and this school1.37 miles
Public District Grades PK-6
8
/10
Cedar Creek Elementary School
3301 Pinnacle Rd
Distance between this listing and this school1.54 miles
Public District Grades KG-5
9
/10
Eanes Elementary School
4101 Bee Caves Rd
Distance between this listing and this school1.66 miles
Public District Grades KG-5
Nearby Schools
5
/10
O. Henry Middle School
2610 W 10th St
Distance between this listing and this school0.69 miles
Public District Grades 6-8
10
/10
Hill Country Middle School
1300 Walsh Tarlton Ln
Distance between this listing and this school1.33 miles
Public District Grades 6-8
1
/10
Helping Hand
2130 Guadalupe St
Distance between this listing and this school3.20 miles
Public Charter Grades 2-7
Nearby Schools
6
/10
Austin High School
1715 W Cesar Chavez St
Distance between this listing and this school1.07 miles
Public District Grades 9-12
8
/10
Westlake High School
4100 Westbank Dr
Distance between this listing and this school1.85 miles
Public District Grades 9-12
8
/10
University of Texas at Austin High School
2901 N Interstate 35
Distance between this listing and this school2.44 miles
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.
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 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.