Seller's Agent in 2025
Debra Groom
Lake Homes Realty, LLC
(512) 825-6980
1 in this area
48 Total Sales
Last list price
2012 Cullen Ave Austin, TX 78757
Crestview Neighborhood
0.78
Acre
$2,831,403
Price per Acre
33,846
Sq Ft Lot
Highlights
- 0.78 Acre Lot
- Wooded Lot
- Interior Lot
- Brentwood Elementary School Rated A
- No HOA
- Views
About This Lot
As of November 2025New price! Reduced by $400K to $2.2M. Rare opportunity to acquire a larger piece of land in Central Austin! This property has been in the same family since the 1950's and it’s time to pass it on to its new owners. Zoned MF-3 with many possibilities for future use. While the property is prime for redevelopment, it also has a great 2,286sf home with four bedrooms, two and a half baths and a two-car garage. The home could be leased for current income or used for storage and/or office space in the meantime. One half of the property is completely cleared. Wide streets and mature trees. Peaceful place in Central Austin. Property's higher elevation may offer long distance views. Ideal space future multifamily development or family compound. Near major employers, parks, transit, retail, office space, churches & fun restaurants like Mama Betty’s, Hopdoddy & Tumble 22, to name a few. Feel free to walk the property. Contact listing agent to view the inside of the house.
Last Agent to Sell the Property
Lake Homes Realty, LLC Brokerage Phone: (832) 283-3233 License #0607042 Listed on: 06/19/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,867
Lot Details
- 0.78 Acre Lot
- Lot Dimensions are 197.62' x 171.21'
- Interior Lot
- Level Lot
- Wooded Lot
- Property is in good condition
Location
- City Lot
Schools
- Brentwood Elementary School
- Lamar Middle School
- Mccallum High School
Additional Features
- Property Views
Community Details
- No Home Owners Association
- Spear G W Sur 7 Abs 697 Subdivision
Listing and Financial Details
- Assessor Parcel Number 02340601060000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2025
Closed on
Nov 6, 2025
Sold by
Smith Nancy Grist and Ray Jody Gayle
Bought by
Mmd Capital Inc
Seller's Agent
Debra Groom
Lake Homes Realty, LLC
Buyer's Agent
Markos Terrazas
Agency Texas Inc
List Price
$2,600,000
Views
358
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
625.43%
Purchase Details
Closed on
Dec 23, 1997
Sold by
Smith Elizabeth F
Bought by
Smith James Arthur
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Texas National Title | |
| Gift Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | -- | -- | -- |
| 09/25/2025 09/25/25 | Price Changed | $2,200,000 | -15.4% | $962 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $2,600,000 | -- | $1,137 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,308 | $1,052,947 | -- | -- |
| 2023 | $5,427 | $870,205 | $0 | $0 |
| 2022 | $15,624 | $791,095 | $0 | $0 |
| 2021 | $15,654 | $719,177 | $528,000 | $333,107 |
| 2020 | $14,023 | $653,797 | $528,000 | $239,188 |
| 2018 | $11,963 | $540,328 | $528,000 | $216,174 |
| 2017 | $10,955 | $491,207 | $492,800 | $182,602 |
| 2016 | $9,959 | $446,552 | $554,400 | $113,973 |
| 2015 | $4,048 | $405,956 | $415,800 | $182,329 |
| 2014 | $4,048 | $369,051 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Groom
-
Markos Terrazas
Buyer's Agent in 2025
Markos Terrazas
Agency Texas Inc
(512) 525-5392
1 in this area
46 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8487506
APN: 235938
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