5113 Martin Ave Unit 2 Austin, TX 78751
North Loop NeighborhoodEstimated payment $1,707/month
Highlights
- Property is near public transit
- Wooded Lot
- Garden
- Ridgetop Elementary School Rated A
- No HOA
- Home to be built
About This Lot
Fantastic opportunity in a prime central Austin location! 5113 Martin Ave Unit 2 sits on approximately 2,275 sq ft lot and offers unique development potential. Previously, architectural plans were created and permitted for a 937 sq ft ADU — showcasing what could be built (rendering shown for demonstrative purposes only). While the seller chose not to proceed with construction, the plans remain available and can be included with the sale. Buyer will need to re-apply for city approval and permits. The architect familiar with the project is available and may assist for a small administrative fee, subject to negotiation. This is a great chance to build in an established neighborhood close to downtown, Mueller, UT, and more. Buyer to independently verify all zoning, permitting, and development requirements.
Listing Agent
Southerly Realty, LLC Brokerage Phone: (512) 743-5366 License #0601639 Listed on: 06/20/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,114
Lot Details
- 2,252 Sq Ft Lot
- Lot Dimensions are 50 x 45.5
- Wood Fence
- Level Lot
- Wooded Lot
- Garden
- Back Yard Fenced
Home Design
- Home to be built
Location
- Property is near public transit
Schools
- Ridgetop Elementary School
- Lamar Middle School
- Mccallum High School
Community Details
- No Home Owners Association
- Highlands Subdivision
Listing and Financial Details
- Assessor Parcel Number 02221103050000
- Tax Block 12
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 |
|---|---|---|---|---|
| 2022 | $13,442 | $680,628 | $450,000 | $230,628 |
| 2021 | $6,018 | $415,261 | $275,000 | $167,497 |
| 2020 | $6,114 | $377,510 | $275,000 | $102,510 |
| 2018 | $7,989 | $360,830 | $275,000 | $85,830 |
| 2017 | $6,648 | $333,676 | $240,000 | $93,676 |
| 2016 | $6,742 | $336,149 | $270,000 | $81,889 |
| 2015 | $6,100 | $305,590 | $225,000 | $93,772 |
| 2014 | $6,100 | $277,809 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $215,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Austin Title Company | |
| Vendors Lien | -- | Independence Title | |
| Warranty Deed | -- | Independence Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $199,200 | Construction | |
| Previous Owner | $564,935 | Commercial | |
| Previous Owner | $96,000 | Credit Line Revolving | |
| Previous Owner | $108,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $80,000 | Fannie Mae Freddie Mac |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4256725
APN: 220191
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