1402 Valleyridge Dr 22a

Austin, TX 78704

About this property

A GOLDEN opportunity for investors and developers to secure a prime lot in the highly sought-after 78704 zip code, with the ability to build 3 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, this lot can accommodate three units, with a total Floor Area Ratio (FAR) of 7,107 SQFT, maximizing development potential. Whether you choose to build and sell three 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!

About this property

A GOLDEN opportunity for investors and developers to secure a prime lot in the highly sought-after 78704 zip code, with the ability to build 3 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, this lot can accommodate three units, with a total Floor Area Ratio (FAR) of 7,107 SQFT, maximizing development potential. Whether you choose to build and sell three 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!

Features and Additional Information

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$518,000 Active
0 SqFt

Presented By Crystal Banks

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Get in touch today! Phone: 1-254-285-1444
License #801070
Brokerage
Compass RE Texas, LLC
1-512-575-3644
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Area Information

6 | Travis County | South Lamar

$ 518,000
This listing is play_arrow 3600.0% higher than the average in the area
$ 14,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
34 days on site
This listing is play_arrow 46.0% below the average in the area
63 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Zilker
  • turned_in
    Middle School
    O Henry
  • turned_in
    High School
    Austin
Listed By Darsh Parikh
Brokerage: Compass RE Texas, LLC

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