700 Corral Ln Austin, TX 78745

$1,800,000
0 beds
2.0 acres
Land

Property details

About 700 Corral Ln

2.01+/- acre assemblage of two 1 ac city lots, ideal site for entry level build for sale or build for rent HOME 2 development. Feasibility study by LLVLL Design / Build projects 31 units @ 1650 sqft / ea under the new code for over 51,000 buildable sqft, or around $35/sqft land cost. Arborist indicates all existing trees can be removed. By leveraging the small site & 1650 sqft min/ unit provision of HOME 2 you can extract over 90% FAR per site based on preliminary site plan. At 31 sites land cost is less than $60,000 per unit. Two existing homes - one has classic MCM style, the other an older cottage - one or both could be saved / renovated/ flipped to substantially lower the cost basis of the land $/ unit land cost, or leveraged as interim income. Everyone is pitching HOME / HOME 2 on every lot in Austin, but this is exactly what this code was intended to do. Buyers to do all their own due diligence. Properties to be sold together. Contact LA for more information.

Highlights

Home typeMulti Family
StatusActive
Lot size2.01 Acres
MLS #3995902

Summary

  • MLS Number: 3995902
  • MLS Name: ACTRIS
  • Office Name: Texas Ally Real Estate Group
  • Office Phone: (512) 763-2559
  • Listing Agent: David Mosrie

IDX 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.

IDX 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.


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: 1/30/2025, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,800,000

700 Corral Ln

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$555,202$4,807
2023$584,423$4,807
2022$621,727$4,807
2021$263,346$4,689
2019$217,641$5,134
2018$197,855$3,982
2017$179,868$3,646

History based on county public records data.

Nearby schools

4

Wayside Real Learning Academy

Public Charter PK-5

0.6 mi

6405 S Interstate 35

2

Langford Elementary School

Public District EE-5

0.7 mi

2206 Blue Meadow Dr

5

Pleasant Hill Elementary School

Public District EE-5

0.8 mi

6405 Circle S Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,884. Most Austin, TX residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

69%
<35k
29%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

58%
Single, No Kids
19%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
5%
12-17 yrs old
38%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 700 Corral Ln

This home is located at 700 Corral Ln in Austin, TX and zip code 78745 in the Circle S Ridge neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $1,800,000.

Over 68 listings were sold over their listed price in December 2024 in Austin, TX. In the same period over 510 listings were sold below the listed price and 88 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between November and December 2024 decreased by 5.2%. In December 2024 median list price was $571,744 and the average listing age was 71 days.

From Rocket Homes Real Estate and based on county public records data.

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