Under Contract
2414 Drew LN
Austin TX, 78748
$1,800,000
$1,180.33 per sqft
Under Contract
1,525 sqft
Commercial
Built in 2024
The land development opportunity at 2414 Drew Ln, South Austin presents one of a kind of investment into a shovel-ready project, with options to build and sell, or to build a townhome rental community in a popular neighborhood in Austin. The land is conveniently located, with easy access to highways, parks, and major business areas. The Seller, Fortunate Foundations, is an experienced local builder and is open to the option to construct the development as a contractor for the buyer. The property at 2414 Drew Ln was successfully rezoned from a rural district zoning to SF-3 single family residential zoning in 2021.
The property has been subdivided into 10 individual lots. Civil engineering drawings have been finalized for grading & drainage, driveways and utilities, and water quality & detention ponds. Pending completion of the architectural design of individual homes, this project is ready for the submission of building permit applications.
1653455
MLSⓇ ID
June 29, 2023
Listed
March 14, 2024
Updated
Map
2414 Drew LN
Austin TX, 78748
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.4 Acres
Other Property Details
Area Name
SWE
Taxes
$22,954
Tax Frequency
Annually
Garage
No
Parking
None
View
No
County
Travis
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
3/1/2024 | Under Contract | — |
8/3/2023 | Price Change | $1,800,000 -10% |
7/5/2023 | Price Change | $2,000,000 -20% |
Courtesy of Keller Williams Realty
Listing Contact: (512) 439-8797
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Amy Deane shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.
Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). 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
©2024 Austin/Central Texas Realty Information Service. All rights reserved.
Database last updated 11:22 PM UTC, 3/14/2024
