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$1,700,000
3,881
square ft

700 & 604 Corral Ln
Austin, Texas 78745

New / MLS #9528461 / Commercial / Mixed Use / Austin
Listing information updated 7/2/2025 at 10:47am
Ideal HOME / HOME2 development site. 2.01+/- acre assemblage of two 1 ac city lots, ideal 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. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis of the land $/ unit land cost, or leveraged as interim income. Other uses possible under SF2 to leverage improved access and traffic counts related to the ongoing TXDOT I-35 Capital Express South project with easy access from both directions and a 2023 daily traffic count of over 190,000. Buyers to do all their own due diligence. Properties to be sold together. Contact LA for more information.
Lot Size:
2.01 Acres
Acreage:
2.01
Built:
1959
Parking Spaces:
10
Current Use:
Residential
Zoning:
SF-2, HOME & HOME2 compa
Additional Information:
(512) 763-2559
Rentable Square Feet:
3,881
Building Square Feet:
3,881
Tax Amount:
$11,703
Tax Year:
2025
Zip Code:
78745
City:
Austin
County:
Travis

Listing Office: Texas Ally Real Estate Group

Agent Contact Information: (512) 763-2559

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Unlock MLS as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/2/2025 at 10:47am. 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.

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Austin, TX

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$765,584
Average Sale Price
81
Average Days On The Market
92%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 700 & 604 Corral Ln, Austin, TX 78745

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700 & 604 Corral Ln, Austin, TX 78745 is a commercial / mixed use currently listed at $1,700,000. This commercial / mixed use has been listed on Christie’s International Real Estate @properties lone star since July 2nd, 2025 and was built in 1959.