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700 & 604 Corral LN, Austin, TX 78745

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For Sale

$1,800,000

2.01 acres

Estimated Payment

$ 9,773 /mo.

6.65% APR for 30 yrs.
$6,341 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 2 acres
    Lot size

Explore this Property

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.
MLS# 3995902

Courtesy Of Texas Ally Real Estate, LLC

(512) 763-2559

Property Features

  • Architecture Style
    Other
  • Lot Size
    2.01 Acres

Map and Directions

Directions to 700 & 604 Corral LN, Austin, TX 78745
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Home seller CENTURY 21 Judge Fite Company

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CENTURY 21 Judge Fite Company

(469) 621-0081
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $9,244
  • Property Taxes
    $528
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $9,773

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Pleasant Hill Elementary School

Grades EE-5 Public School


Austin, TX 78745 0.8 miles
6405 circle s rd

402 total students
12:1 Student teacher ratio

Bedichek Middle School

Grades 6-8 Public School


Austin, TX 78745 0.9 miles
6800 bill hughes rd

779 total students
12:1 Student teacher ratio

Crockett High School

Grades 9-12 Public School


Austin, TX 78745 2.3 miles
5601 menchaca rd

1554 total students
15:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Valor South Austin 0.5 miles Public KG-10 B+
Wayside Real Learning Academy 0.6 miles Public PK-5 C
Wayside Science-tech Middle And High School 0.6 miles Public 6-12 D
Langford Elementary School 0.7 miles Public EE-5 F
Williams Elementary School 1 miles Public EE-5 B-
Houston Elementary School 1.5 miles Public EE-5 D-
Perez Elementary School 1.5 miles Public EE-5 C
Kipp Paseo Preparatory School 1.6 miles Public 5-6 C-
Kipp Austin Beacon Preparatory 1.6 miles Public 5-8 D
Kipp Austin Brave 1.6 miles Public 9-12 D+
Kipp Austin Obras 1.6 miles Public KG-4 F
Uphaus Early Childhood Center 1.6 miles Public PK-KG
Odom Elementary School 1.6 miles Public PK-5 D+
City School Of Texas 1.8 miles Private PK-8
Tnc Campus (texas Neurorehabilitation Center) 1.9 miles Public 4-11
Mendez Middle School 1.9 miles Public 6-8 B-
Rodriguez Elementary School 2 miles Public EE-5 D-
Austin Oaks 2.1 miles Public 3-11 D

Valor South Austin

Distance: 0.5 miles

Type Public

Grades: KG-10

B+

Wayside Real Learning Academy

Distance: 0.6 miles

Type Public

Grades: PK-5

C

Wayside Science-tech Middle And High School

Distance: 0.6 miles

Type Public

Grades: 6-12

D

Langford Elementary School

Distance: 0.7 miles

Type Public

Grades: EE-5

F

Williams Elementary School

Distance: 1 miles

Type Public

Grades: EE-5

B-

Houston Elementary School

Distance: 1.5 miles

Type Public

Grades: EE-5

D-

Perez Elementary School

Distance: 1.5 miles

Type Public

Grades: EE-5

C

Kipp Paseo Preparatory School

Distance: 1.6 miles

Type Public

Grades: 5-6

C-

Kipp Austin Beacon Preparatory

Distance: 1.6 miles

Type Public

Grades: 5-8

D

Kipp Austin Brave

Distance: 1.6 miles

Type Public

Grades: 9-12

D+

Kipp Austin Obras

Distance: 1.6 miles

Type Public

Grades: KG-4

F

Uphaus Early Childhood Center

Distance: 1.6 miles

Type Public

Grades: PK-KG

Odom Elementary School

Distance: 1.6 miles

Type Public

Grades: PK-5

D+

City School Of Texas

Distance: 1.8 miles

Type Private

Grades: PK-8

Tnc Campus (texas Neurorehabilitation Center)

Distance: 1.9 miles

Type Public

Grades: 4-11

Mendez Middle School

Distance: 1.9 miles

Type Public

Grades: 6-8

B-

Rodriguez Elementary School

Distance: 2 miles

Type Public

Grades: EE-5

D-

Austin Oaks

Distance: 2.1 miles

Type Public

Grades: 3-11

D

Local area information for Austin, TX 78745

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Austin, TX 78745

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are above the national average.

96° August
Hottest Average Month

38° January
Coldest Average Month
27,938 Total Households in Area
21%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Austin, TX 78745

Austin, TX 78745 has a population of 61,646 people in 27,938 households with a median age of 38.1 years old.

Up 3.7%
Increase in population
since the year 2010

Population is Trending up
26,982
Total households as of 2010
Up
6.5%

Community Population By Age

Community Population By Ethnicity

White 58%
Hispanic 37%
Other 12%
Black 5%
Asian 4%
Native American 1%

Economics
for Austin, TX 78745

4,489 /sq mi
Population Density
$77,099 /yr
Median Household Income
$522,500
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 78%
  • Work from Home 18%
  • Public Transit 3%
  • Walk or Bike 3%

Occupancy by Type

Rented 14,790 50%
Owned 13,148 44%
Vacant 1,686 6%

White vs Blue Collar Jobs







White Collar 83%
Blue Collar 17%

Family & Education Facts
for Austin, TX 78745

38.1 Median Age

Average Household Size

2.1
persons per
household

35.7%

Married Households

Community Population By Education

Bachelors Degree 35%
Some College 20%
High School Graduate 17%
Graduate Degree 15%
Some High School 7%
Associates Degree 7%

Household Family Expenses vs National Average

21.1% of households have children

Weather
for Austin, TX 78745

The weather for this area ranges from a high of 96° F in August to a low of 38° F in January

96° August
Hottest Average Month
38° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
38°
61°
Feb
41°
65°
Mar
48°
72°
Apr
56°
80°
May
64°
86°
Jun
70°
92°
Jul
72°
95°
Aug
72°
96°
Sep
67°
90°
Oct
57°
82°
Nov
47°
71°
Dec
40°
63°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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