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TBD Veldt DR
Austin, TX, 78725
$89,500
Beds
0 Baths
0 SqFt
0.35 Acres
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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.

Property Details

Price:
$89,500
MLS #:
2244808
Status:
Active
Beds:
0
Baths:
0
Address:
TBD Veldt DR
Type:
Single Family
Subtype:
See Remarks
Subdivision:
Imperial Valley Sec 01 Amd
City:
Austin
Listed Date:
Aug 3, 2024
State:
TX
ZIP:
78725
Lot Size:
15,416 sqft / 0.35 acres (approx)
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Schools

School District:
Manor ISD
Elementary School:
Oak Meadows
Middle School:
Decker
High School:
Manor

Interior

Appliances
None
Cooling
Wall/ Window Unit(s)
Heating
None

Exterior

Community Features
Airport/ Runway, See Remarks
Other Structures
Residence, See Remarks
Parking Features
Open, Outside

Financial

Taxes
$734

Map

Community

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TBD Veldt DR
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