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TBD Veldt Dr

Austin, TX 78725
  • $89,500
  • STATUS: Active
  • ID#: 2244808
Price Reduced
UPDATED: 81 min ago
$89,500
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Single-Family Home
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Adri Overton of eXp Realty, LLC: 512-507-8869, 512-507-8869.

Description

Invest in the future with this 1/3 acre corner lot, featuring a 300 SF tiny home and just minutes from Colorado River water access. Please note, the tiny home has no kitchen or bathroom, and is relying on a generator for power and a porta potty for restroom facilities. This lot is more about the land and its potential, with buyers responsible for installing water, electricity, and septic systems. Located in the up-and-coming Imperial Valley neighborhood, this property is surrounded by major development projects, making it a prime investment opportunity. The adjacent John Trevino Jr. Metropolitan Park at Morris Ranch is a 330-acre undeveloped parkland with exciting master plans including stages, food trucks, and space for small to medium concerts. Discover more about these plans here: https://austinparks.org/park/john-trevino-jr-metro-park/ On the opposite side, Bud Dryden Airport is poised for major attractions once completed, making this lot even more valuable due to its perfect position between the park and the airport for future concerts and events.The popular Sign Bar is minutes away, along with the massive $800M Walter E Long Metro project ( https://www.austintexas.gov/sites/default/files/files/Parks/Planning_and_Development/WaterELong/WEL%20Vision%20Plan%20Digital%20Final%20Draft%202020-08-11.pdf ) adding to the area's growth potential. Currently, the property generates $1,800/month from leasing parking spaces to trailer owners and renting the tiny home. Situated in Austin's ETJ, the lot has low restrictions, but buyers must build above the floodplain (around 2 ft above BFE base floodplain elevation) and provide septic, water, and electricity. Buyer must verify all info and conduct their own due diligence. Don't miss this affordable opportunity to buy before the word gets out and developments start breaking ground.

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-12T21:02:41.063.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-09-12T21:02:41.063 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.austintexasresidence.com/homes/153282445
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TBD Veldt Dr Austin, TX 78725

  • Price: $89,500
  • Status: Active
  • On Site: Days
  • Updated: 81 min ago
  • ID#: 2244808
0
Beds
0
Baths
0
½ Baths
0.35
Acres
Neighborhood:
Imperial Valley Sec 01 Amd
County:
Travis
Area:
Austin
Elementary School:
Oak Meadows
Middle School:
Decker
High School:
Manor
School District:
Manor ISD
Property Description
Invest in the future with this 1/3 acre corner lot, featuring a 300 SF tiny home and just minutes from Colorado River water access. Please note, the tiny home has no kitchen or bathroom, and is relying on a generator for power and a porta potty for restroom facilities. This lot is more about the land and its potential, with buyers responsible for installing water, electricity, and septic systems. Located in the up-and-coming Imperial Valley neighborhood, this property is surrounded by major development projects, making it a prime investment opportunity. The adjacent John Trevino Jr. Metropolitan Park at Morris Ranch is a 330-acre undeveloped parkland with exciting master plans including stages, food trucks, and space for small to medium concerts. Discover more about these plans here: https://austinparks.org/park/john-trevino-jr-metro-park/ On the opposite side, Bud Dryden Airport is poised for major attractions once completed, making this lot even more valuable due to its perfect position between the park and the airport for future concerts and events.The popular Sign Bar is minutes away, along with the massive $800M Walter E Long Metro project ( https://www.austintexas.gov/sites/default/files/files/Parks/Planning_and_Development/WaterELong/WEL%20Vision%20Plan%20Digital%20Final%20Draft%202020-08-11.pdf ) adding to the area's growth potential. Currently, the property generates $1,800/month from leasing parking spaces to trailer owners and renting the tiny home. Situated in Austin's ETJ, the lot has low restrictions, but buyers must build above the floodplain (around 2 ft above BFE base floodplain elevation) and provide septic, water, and electricity. Buyer must verify all info and conduct their own due diligence. Don't miss this affordable opportunity to buy before the word gets out and developments start breaking ground.
Exterior Features

Attached Garage YN No Fencing None Garage YN No Lot Features Corner LotLevel Other Structures ResidenceSee Remarks Parking Features OpenOutside Patio And Porch Features None View Neighborhood Waterfront Features None Waterfront YN No

Interior Features

Appliances None Cooling Wall/Window Unit(s) Heating None Rooms Primary Bedroom (Main Level None) Kitchen (Main Level None) Primary Bathroom (Main Level None)

Property Features

Additional Parcels YN No Association YN No Community Features Airport/RunwaySee Remarks Estimated Taxes 734 Fema Flood Plain Yes-100 yr Horse YN No Listing Terms Cash New Construction YN No Pool Private YN Yes Property Condition Resale Property Sub Type See Remarks Sewer Septic Needed Special Listing Conditions Standard Tax Annual Amount 733.52 Utilities Electricity AvailablePropane NeededSewer Not AvailableWater Available Water Source See Remarks



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-12T21:02:41.063.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-09-12T21:02:41.063 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Watters International
3307 Northland Dr, Ste 100
Austin TX, 78731
Property listed by Adri Overton of eXp Realty, LLC: 512-507-8869, 512-507-8869.