TBD Veldt Dr

Austin, TX 78725
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15,416 Lot Sqft
Residential

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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.

MLS#
ABORTX-2244808
List Price
$119,000
Listing Status
For Sale
Address
TBD Veldt Dr
City
State
TX
Zip Code
County
Subdivision
Imperial Valley Sec 01 Amd
Legal Description
LOT 79 IMPERIAL VALLEY SEC 1 AMENDED
Property Type
Residential
Lot Size
15,416 Sqft./Appraisal District

Exterior

Private Pool
Yes
Exterior Type
HardiPlank Type
Lot Description
Corner Lot, Level
Parking
Open, Outside
Utility
Electricity Available,Propane Needed,Sewer Not Available,Water Available
Views
Neighborhood

Interior

Cooling
Wall/Window Unit(s)
Heating
None

Lot information

Lot Size
15,416 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Community Features
Airport/Runway,See Remarks

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

unlock MLS
Source last updated Aug 04, 2024 at 11:08 PM
Listing last updated Aug 04, 2024 at 02:17 PM
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TBD Veldt Dr, Austin, TX 78725. View photos, map, tax, nearby homes for sale, home values, school info...