2501 Inwood Place Austin, TX 78703
Westfield NeighborhoodEstimated payment $13,827/month
Highlights
- 0.4 Acre Lot
- Corner Lot
- Many Trees
- Casis Elementary School Rated A
- Trails
About This Lot
Embrace the opportunity of an expansive .40-acre corner lot located just minutes from downtown. This property offers a fantastic chance to collaborate with your architect and reimagine the possibilities. Alternatively, start anew and bring your dream home to life in the heart of central Austin! Presenting this distinctive and highly buildable lot, ready for action with a demolition permit already secured. The location is stellar, a mere 1.5 miles to Downtown, allowing you to build a single-family home. With captivating topography and a distinctive bridge feature, it's a haven for architectural enthusiasts.
Listing Agent
Moreland Properties Brokerage Phone: (512) 480-0848 License #0699040 Listed on: 06/19/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $36,168
Lot Details
- 0.4 Acre Lot
- Corner Lot
- Many Trees
Schools
- Casis Elementary School
- O Henry Middle School
- Austin High School
Listing and Financial Details
- Assessor Parcel Number 01130605080000
Community Details
Overview
- Inwood Park Subdivision
Recreation
- Trails
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 | $32,802 | $1,218,065 | $891,360 | $326,705 |
| 2023 | $33,134 | $1,831,381 | $1,500,000 | $331,381 |
| 2022 | $36,297 | $1,837,904 | $1,500,000 | $337,904 |
| 2021 | $19,233 | $883,575 | $675,000 | $350,772 |
| 2020 | $17,229 | $803,250 | $675,000 | $171,659 |
| 2018 | $14,697 | $663,843 | $675,000 | $161,132 |
| 2017 | $13,459 | $603,494 | $600,000 | $190,079 |
| 2016 | $12,235 | $548,631 | $600,000 | $150,857 |
| 2015 | $8,784 | $498,755 | $393,750 | $200,760 |
| 2014 | $8,784 | $453,414 | $292,500 | $160,914 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | For Sale | $1,999,950 | +48.1% | -- |
| 05/28/2021 05/28/21 | Sold | -- | -- | -- |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- |
| 04/30/2021 04/30/21 | For Sale | $1,350,000 | -- | $999 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,529,500 | New Conventional | |
| Previous Owner | $1,450,000 | Construction |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8535886
APN: 112823
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