NOT LISTED FOR SALE

Estimated Value: $567,774

0.33 Acre
$1,740,570 Price per Acre
14,209 Sq Ft Lot

Sale Details

Date Sold: March 20, 2024

Current estimated payment $3,427 / mo

41 Days on Market

Highlights

  • 0.33 Acre Lot
  • Neighborhood Views
  • Level Lot

About This Lot

As of March 2024

Fully Permitted 6-Unit Development Lot | Architecture + Permits Convey
Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs.
Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies.
Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals.
All information is deemed reliable. Buyers to verify all information.

Last Agent to Sell the Property

Christopher Watters

Watters International Realty Brokerage Phone: (512) 646-0038 License #0567369 Listed on: 01/22/2024

Co-Listed By

Renee Longden

Levi Rodgers Real Estate Group Brokerage Phone: (512) 646-0038 License #0655490

Last Buyer's Agent

David Fisher

Redfin Corporation License #0795754

Redfin Corporation

Property Details

Property Type

  • Land

Lot Details

  • 14,209 Sq Ft Lot
  • Level Lot
  • Property is in good condition

Property Views

  • Neighborhood Views

Schools

  • Allison Elementary School
  • Martin Middle School
  • Eastside Early College High School

Utilities

  • Above Ground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Willhoite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03041605190000
  • Tax Block 2

Property Details

Property Type

Land

Lot Details

0.33 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Additional Parcels: No
  • Directions: From E Riverside Dr go northeast on Montopolis Dr for approx a mile, left on Ponca St to property on the right
  • Disclosures: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT5827
  • Co List Office Phone: (512) 646-0038
  • Attribution Contact: (512) 646-0038
  • Attribution Contact: (512) 646-0038
  • ETJ Extra Territorial Jurdn: See Remarks
  • Estimated Taxes: 5331.45
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 30.97
  • "Current Price By Original ": 0.59
  • List Price Lot Size Square: 42.23
  • List Price By Original Lis: 0.80
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead,Over 65
  • Mineral: None
  • Special Features: VirtualTour

Interior Features

  • View: Neighborhood
  • Property Condition: Good

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Association/Amenities

  • Community Features: None

Schools

  • Elementary School: Allison
  • High School: Eastside Early College
  • Middle/Junior School: Martin
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Level, Public Maintained Road
  • Parcel Number: 03041605190000
  • Lot Size Acres: 0.3262
  • Lot Size Sq Ft: 14209.27
  • Subdivision Name: Willhoite

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 2
  • Tax Year: 2023
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 25, 2024
Sold by
Texas Capitol Llc
Bought by
Caa Housing Incorporated Inc
Seller's Agent
Christopher Watters
Watters International Realty
Buyer's Agent
David Fisher
Redfin Corporation
List Price
$750,000
Views
16
Current Estimated Value
$567,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 19, 2024
Sold by
Burdett Burditt W and Burdett Marion Kay
Bought by
Texas Capitol Llc
Seller's Agent
Christopher Watters
Watters International Realty
Buyer's Agent
David Fisher
Redfin Corporation
List Price
$750,000
Views
16
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Caa Housing Incorporated Inc -- Spartan Title
Texas Capitol Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2026 02/04/26 For Sale $575,000 -4.2% --
03/20/2024 03/20/24 Sold -- -- --
02/06/2024 02/06/24 Price Changed $600,000 -20.0% $521 / Sq Ft
01/22/2024 01/22/24 For Sale $750,000 -- $651 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $4,786 $233,851 $215,178 $18,673
2023 $5,331 $294,678 $0 $0
2022 $5,291 $267,889 $0 $0
2021 $5,301 $243,535 $120,000 $139,823
2020 $4,749 $221,395 $120,000 $101,395
2018 $4,169 $188,302 $120,000 $68,302
2017 $3,619 $162,294 $90,000 $72,294
2016 $1,976 $88,614 $66,500 $22,114
2015 $53 $89,107 $66,500 $26,134
2014 $53 $81,006 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2916302

Unlock MLS (Austin Board of REALTORS®)

APN: 285637

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