TBD Veldt Dr, Austin, TX 78725 | Listings

TBD Veldt Dr, Austin, TX 78725

  • $89,500
  • Lots and Land
  • Listing #4846992

Property Description

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.

Listing Details

Price$89,500
Property TypeLots and Land
Listing #4846992
StatusActive
CountyTravis
Listing TypeFor Sale
Property Taxes (Annual)$733.52

Exterior Features

Lot Size0.35 acres

Miscellaneous

MLS Area5E

Courtesy of Adri Overton, eXp Realty, LLC512-507-8869

Based on information submitted to the MLS GRID as of 10/1/2024 6:59 AM. 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.

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This content last updated on 10/1/2024 6:59 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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