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TBD Veldt DR, Austin TX 78725

$ 89,500
TBD Veldt DR, Austin TX 78725, ,
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$ 89,500


MLS Area: 5E
County:
MLS # 2244808

TBD Veldt DR, Austin TX 78725, , TX 78725

About this property

Invest in the future with this 1/3 acre corner lot, featuring a 300 SF tiny home and just minutes from Colorado River water access. Please note, the tiny home has no kitchen or bathroom, and is relying on a generator for power and a porta potty for restroom facilities. This lot is more about the land and its potential, with buyers responsible for installing water, electricity, and septic systems. Located in the up-and-coming Imperial Valley neighborhood, this property is surrounded by major development projects, making it a prime investment opportunity. The adjacent John Trevino Jr. Metropolitan Park at Morris Ranch is a 330-acre undeveloped parkland with exciting master plans including stages, food trucks, and space for small to medium concerts. Discover more about these plans here: https://austinparks.org/park/john-trevino-jr-metro-park/ On the opposite side, Bud Dryden Airport is poised for major attractions once completed, making this lot even more valuable due to its perfect position between the park and the airport for future concerts and events.The popular Sign Bar is minutes away, along with the massive $800M Walter E Long Metro project ( https://www.austintexas.gov/sites/default/files/files/Parks/Planning_and_Development/WaterELong/WEL%20Vision%20Plan%20Digital%20Final%20Draft%202020-08-11.pdf ) adding to the area’s growth potential. Currently, the property generates $1,800/month from leasing parking spaces to trailer owners and renting the tiny home. Situated in Austin’s ETJ, the lot has low restrictions, but buyers must build above the floodplain (around 2 ft above BFE base floodplain elevation) and provide septic, water, and electricity. Buyer must verify all info and conduct their own due diligence. Don’t miss this affordable opportunity to buy before the word gets out and developments start breaking ground.

Basic Property Information

Dwelling Size - 0 ft2
Open,Outside
Lot Size Acres - 0.3539
Waterfront Features - None
Bedrooms - 0
Bathrooms - 0

School District

School District - Manor ISD
Elementary - Oak Meadows
Middle - Decker
Senior High - Manor

Home Owners Association

Amenities and Features

Other Features
Electrical Utility Available
Has Pool
None

Utilities

Heating: None
Cooling: Wall/Window Unit(s)
Electricity Available,Propane Needed,Sewer Not Available,Water Available

Sewer: Septic Needed
Water: See Remarks

Additional Details

View - Neighborhood
Lot Features - Corner Lot,Level
Sellers Representative - eXp Realty, LLC
(888) 519-7431
Other Structures - Residence,See Remarks
Community Features - Airport/Runway,See Remarks

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 09/20/2024 through 09/20/2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

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