- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
Incredible Development Opportunity in Prime East Austin Nearly 1-acre SF-3 zoned property currently in the final stages of subdivision into 4 individual lots, each eligible for 3 units per lot under the City of Austin’s Code HOME—allowing for a total of 12 units. The stamped plat has been submitted to the City of Austin and serves as the site plan in accordance with residential development code—no formal site plan required for SF-3 zoning. Whether you're a seasoned investor or individual buyer, this is a rare chance to secure a shovel-ready residential project in a high-growth corridor. The land has already been cleared and partially developed, located at the end of a quiet cul-de-sac with no floodplain concerns. Upper lots are positioned for potential downtown skyline views. Ideal for those looking to capitalize on Austin’s demand for multi-unit housing, this project is fully aligned with city zoning and development code. Highlights: • SF-3 Zoning • 4-Lot Subdivision (City Review in Progress) • Up to 12 Units (3 per lot under Code HOME) • Plat Serves as Site Plan • No Floodplain • Cleared & Partially Developed • Cul-de-sac Location • Potential Downtown Views Don’t miss this exceptional opportunity to develop in one of Austin’s fastest-growing areas. Buyer is responsible for all due diligence.
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Last updated Jun 19, 2025
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MLS# 1144199 —
The Building
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New Construction:false
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Exterior Features:None
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Habitable Residence:false
Financial & Terms
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Possession:Funding
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Restrictions:Building Size
Location
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Latitude:30.219197
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Longitude:-97.70349
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Directions:Follow TX-71 E/US-290 E and State Hwy 71 E to E Ben White Blvd in Austin. Take the exit toward US-183/Riverside Dr. S from State Hwy 71 E. Continue on E Ben White Blvd. Take E Riverside Dr to Thrasher Ln.
The Property
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Property Type:Land
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Subtype:Single Lot
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Parcel Number:03101401660000
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Property Condition:To Be Built
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Other Structures:None
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Lot Features:City Lot
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Lot Size Acres:0.961
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Lot Size Area:0 Sqft
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Lot Size SqFt:41,861 Sqft
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View:None
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Additional Parcels:false
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Road Surface Type:Asphalt
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (904) 251-4033
- Office phone:
- (512) 763-2559
Taxes
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Tax Annual Amount:$3,673
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
Utilities
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Utilities:Electricity Available
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Schools
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Elementary School:Allison
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Elementary School District:Austin ISD
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Middle School:Martin
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Middle School District:Austin ISD
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High School:Eastside Early College
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High School District:Austin ISD
The Community
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Subdivision Name:Santiago Del Valle 10 League G
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Community Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).