2404 Thrasher Ln Austin, TX 78741
Montopolis NeighborhoodEstimated payment $5,604/month
Highlights
- 0.96 Acre Lot
- No HOA
- Home to be built
About This Lot
LIMITED-TIME OFFER: Seller will contribute up to $20,000 toward buyer’s interest rate buydown or closing costs with acceptable offer. Incredible Development Opportunity in Prime East Austin Nearly 1-acre SF-3 zoned property currently in the final stages of subdivision into 4 individual lots, each eligible for 3 units per lot under the City of Austin’s Code HOME—allowing for a total of 12 units. The stamped plat has been submitted to the City of Austin and serves as the site plan in accordance with residential development code—no formal site plan required for SF-3 zoning. Whether you're a seasoned investor or individual buyer, this is a rare chance to secure a shovel-ready residential project in a high-growth corridor. The land has already been cleared and partially developed, located at the end of a quiet cul-de-sac with no floodplain concerns. Upper lots are positioned for potential downtown skyline views. Ideal for those looking to capitalize on Austin’s demand for multi-unit housing, this project is fully aligned with city zoning and development code. Highlights: • SF-3 Zoning • 4-Lot Subdivision (City Review in Progress) • Up to 12 Units (3 per lot under Code HOME) • Plat Serves as Site Plan • No Floodplain • Cleared & Partially Developed • Cul-de-sac Location • Potential Downtown Views Don’t miss this exceptional opportunity to develop in one of Austin’s fastest-growing areas. Buyer is responsible for all due diligence.
Listing Agent
Ignite Real Estate Group Brokerage Phone: (903) 262-0054 License #0729748 Listed on: 09/03/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,673
Parking
- Driveway
Home Design
- Home to be built
Schools
- Allison Elementary School
- Martin Middle School
- Eastside Early College High School
Additional Features
- 0.96 Acre Lot
- City Lot
- Phone Available
Community Details
- No Home Owners Association
- Santiago Del Valle 10 League G Subdivision
Listing and Financial Details
- Assessor Parcel Number 03101401660000
- Tax Block 3
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,262 | $401,890 | $401,890 | -- |
| 2023 | $12,262 | $618,750 | $618,750 | $0 |
| 2022 | $12,220 | $618,750 | $618,750 | $0 |
| 2021 | $3,673 | $168,750 | $168,750 | $0 |
| 2020 | $3,619 | $168,750 | $168,750 | $0 |
| 2018 | $3,736 | $168,750 | $168,750 | $0 |
| 2017 | $3,763 | $168,750 | $168,750 | $0 |
| 2016 | $558 | $25,000 | $25,000 | $0 |
| 2015 | $595 | $25,000 | $25,000 | $0 |
| 2014 | $595 | $25,000 | $25,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $980,000 | +41.0% | -- |
| 06/18/2021 06/18/21 | Sold | -- | -- | -- |
| 04/24/2021 04/24/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $695,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $490,000 | Purchase Money Mortgage |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3994945
APN: 290519
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