$265,000
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0.67 Acres Lot
SOLD DATE : 04/27/2023
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Twin Creek Park
MLS Listing ID 6568681
Sold Date 04/27/23
Originating Board actris
Annual Tax Amount $3,488
Tax Year 2022
Lot Size 0.670 Acres
Property Description
LAND…because they are not making any more of it! This corner lot is cleared and flat! Located within minutes from multiple large shopping centers, IH-35, and the 45 tollway towards the airport or the 45 tollway towards Mopac. It is also close to the Texas Children's Hospital that will be built and add additional growth to the area. It has a lower tax rate and is easier to build with only a general development, septic, and driveway permit needed with Travis county. There is no City of Austin permitting yet you are still so close to Austin. Located in a quiet area. You can demo the trees if you prefer or keep them for shade. Multiple entrances are possible with this corner lot! See rendering photo for ideas. The plat restrictions allow for an additional ADU or garage apartment to be built. There is plenty of room to build a one (or two) story main house and an additional in-law home, garage rental, or Air BnB rental in the backyard! The average annual return for an Air BnB in the Manchaca area is between $20,000 - $436,000, according to Air DNA. No STR rental license required from City of Austin. Potential ARV $750,000+ for investors. Adjoining lot is available as well (12303 Twin Creek Dr). Buy one lot or both for a combined 1.35 acres. The possibilities are endless! Engineered Geo-survey available upon request. Nearby Hwy 1626 expansion plans are currently underway. This area is growing fast. Don't miss this opportunity! Seller is licensed real estate listing agent.
Location
State TX
County Travis
Interior
Fireplace N
Exterior
Fence Back Yard, Chain Link
Community Features None
Utilities Available Above Ground, Cable Available, Electricity Available, Underground Utilities, Water Available
Waterfront No
Waterfront Description None
View Neighborhood
Building
Lot Description Back Yard, Cleared, Corner Lot, Interior Lot, Level, Open Lot, Trees-Sparse
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Menchaca
Middle Schools Paredes
High Schools Akins
Others
Restrictions Deed Restrictions
Acceptable Financing Cash, Conventional, Texas Vet, USDA Loan, VA Loan
Tax Rate 1.6122
Listing Terms Cash, Conventional, Texas Vet, USDA Loan, VA Loan
Special Listing Condition Standard
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