$800,000
$300K PRICE DROP

Estimated payment $5,377/month

Total Views 6,327
0.24 Acre
$3,343,084 Price per Acre
10,424 Sq Ft Lot

Highlights

  • Golf Course Community
  • Property is near public transit
  • High Speed Internet
  • Russell Lee Elementary School Rated A-
  • Park
  • Back and Front Yard

About This Lot

Rare opportunity to own a .24 acre lot in the highly sought-after Hancock/North University area of Central Austin. Just minutes from the University of Texas, DKR Stadium, and the Moody Center, this prime location offers unbeatable access to the city’s educational, cultural, and entertainment hubs. Zoned to support up to three housing units (feasibility study attached - buyer to verify all zoning feasibility), the lot presents a compelling investment opportunity in one of Austin’s most rapidly growing and desirable neighborhoods. With demand for centrally located housing on the rise, this property offers incredible flexibility—ideal for modern rentals, short-term stays, or a long-term multi-family hold. The potential for appreciation and strong rental income makes this a smart addition to any investment portfolio. Even better, the adjacent lot is also available, offering the chance to double your development potential and further strengthen your long-term return. Opportunities like this are increasingly rare in Central Austin— Secure your spot in one of Austin’s most promising growth corridors and capitalize on the city’s booming demand for smart, well-located housing.*Buyer to verify all details. *

Listing Agent

Jennifer Berbas

Bramlett Partners Brokerage Phone: (512) 655-9248 License #0562728 Listed on: 04/15/2025

Bramlett Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,382

Lot Details

  • 10,424 Sq Ft Lot
  • Back and Front Yard
  • Also Available: 4310 Red River, Adjoining Lot

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Mccallum High School

Additional Features

  • Residence on Property
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02190807100000
  • Tax Block 7;22

Community Details

Overview

  • Ridgetop Annex Subdivision

Recreation

  • Golf Course Community
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$13,382

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Additional Parcels Description: Also Available: 4310 Red River, Adjoining Lot
  • Additional Parcels: Yes
  • Directions: From I-35 N. Take exit 237A toward Airport Blvd/51st St/Cameron Rd. Merge onto N Interstate 35 Frontage Rd. Turn left toward S I-35 Frontage Rd. Turn right onto E 41st St. Turn right onto Red River St. Property will be on the left.
  • Disclosures: None
  • Other Structures: Residence
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 655-9248
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 13382.00
  • FEMA Flood Plain: No
  • Restrictions: Building Size,City Restrictions,Zoning
  • Tax Exemptions: Homestead
  • Mineral: None
  • Special Features: VirtualTour

Interior Features

  • View: None

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, High Speed Internet, Other, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public

Association/Amenities

  • Community Features: Curbs, Golf, Park, Sidewalks

Schools

  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Kealing
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, Curbs, Front Yard, Near Golf Course, Near Public Transit
  • Zoning: SF-3
  • Parcel Number: 02190807100000
  • Lot Size Acres: 0.2393
  • Lot Size Sq Ft: 10423.91
  • Subdivision Name: Ridgetop Annex

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 7;22
  • Tax Year: 2024
  • Tax Annual Amount: 13382.22
  • Tax Map Number: 11
  • Tax Rate: 1.98000000000000

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,169 $588,931 $406,207 $182,724
2023 $11,169 $626,437 $350,000 $276,437
2022 $11,320 $573,177 $0 $0
2021 $11,342 $521,070 $357,500 $180,100
2020 $10,160 $473,700 $357,500 $116,200
2018 $9,792 $442,296 $357,500 $84,796
2017 $9,053 $405,930 $357,500 $48,430
2016 $9,021 $404,517 $286,000 $122,780
2015 $7,378 $367,743 $220,000 $162,000
2014 $7,378 $334,312 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $800,000 -11.1% --
05/09/2025 05/09/25 Price Changed $900,000 -18.2% --
04/15/2025 04/15/25 For Sale $1,100,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7841819

Unlock MLS (Austin Board of REALTORS®)

APN: 214974