#9112415, Flora Crosswell, Listing Office: Gottesman Residential R.E.
Property details
About 1402 Valleyridge Dr
A GOLDEN opportunity for investors and developers to secure a prime 0.83-acre lot in the highly sought-after 78704 zip code, already subdivided into three SF3 lots, allowing for the development of up to nine units under the new HOME code. Strategically located just minutes from Zilker Park, Downtown Austin, South Congress, and Austin’s best dining, shopping, and entertainment, this property is situated in one of the fastest-growing and most desirable neighborhoods in the city. With Lot 22A measuring 10,935 SQFT, Lot 22B at 10,331 SQFT, and Lot 22C at 9,573 SQFT, each lot can accommodate three units, with a total Floor Area Ratio (FAR) ranging from 6,222 SQFT to 7,107 SQFT, maximizing development potential. Whether you choose to build and sell nine luxury homes or develop high-end rental units, this opportunity offers substantial returns in a high-demand market. Adding to its appeal, the site offers unobstructed downtown Austin views, further enhancing the value of future properties. With Austin’s real estate market experiencing continued appreciation and strong buyer demand, this project presents a lucrative investment in a premium location. The listing agent is available to assist with detailed development analysis, architectural and engineering coordination, and builder selection, ensuring a seamless path from acquisition to completion. Buyer to complete all due diligence and verify all information. Don’t miss out on this rare investment opportunity in one of Austin’s most thriving areas!
Highlights
Home typeMulti Family
StatusActive
Lot size0.83 Acres
MLS #4471568
ViewNeighborhood
Summary
- MLS Number: 4471568
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 593-3138
- Listing Agent: Darsh Parikh
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/21/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,550,000
1402 Valleyridge Dr
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $934,724 | $16,516 |
| 2022 | $836,296 | $16,516 |
| 2021 | $630,623 | $5,933 |
| 2019 | $539,197 | $12,296 |
| 2018 | $490,179 | $9,865 |
| 2017 | $445,617 | $9,034 |
History based on county public records data.
Nearby schools
5
Galindo Elementary School
Public District EE-5
0.5 mi
•3800 S 2nd St
1
Dawson Elementary School
Public District EE-5
0.6 mi
•3001 S 1st St
5
St. Elmo Elementary School
Public District PK-5
1.0 mi
•600 W Saint Elmo Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,742. The most common annual income of people living in Austin, TX is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
66%
<35k
22%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
20%
Single, with Kids
8%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
7%
12-17 yrs old
42%
18-34 yrs old
26%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Tennis
Where do the neighbors shop?
Banana Republic
H&M
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
BMW
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1402 Valleyridge Dr
This home is located at 1402 Valleyridge Dr in Austin, TX and zip code 78704 in the South Lamar (SoLa) neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $1,550,000.
Over 35 listings were sold over their listed price in January 2025 in Austin, TX. In the same period over 358 listings were sold below the listed price and 82 listings were sold for the listed price. The number of homes for sale in Austin, TX increased by 10.6% between December and January 2025. In January 2025, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $573,763.
From Rocket Homes Real Estate and based on county public records data.