4640 Marlo Drive, Austin, TX 78723 - Photo 1

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$275,000

For Sale
Active
Lots/Land
0.177 Acres

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Property Description

Exceptional Central Austin development opportunity on a beautifully wooded and gently sloped lot in highly desirable 78723. Tucked into a quiet, secluded-feeling pocket surrounded by mature trees and natural surroundings, while still offering quick access to Mueller (only 5 minutes to Mueller HEB and parks!), Downtown, UT, the airport, restaurants, shopping, and major roadways. Utilities available at the street including water/wastewater, electric, and gas (buyer to verify). Current regulations may allow up to 3 residential units (buyer to independently verify all zoning, development, subdivision, utility, and building requirements with the City of Austin). Excellent opportunity for builders, investors, or buyers seeking a rare infill lot with strong development potential in one of Austin's most rapidly evolving and desirable central neighborhoods.

Full Property Details

Full Property Details for 4640 Marlo Dr

General

Price: $275,000
Taxes: $4,129 (2025)
Status: Active
Type: Lots/Land
Source: Austin_MLS
MLS ID: 3633562
Updated: 6/24/2026
Added to Site: 82 day(s) ago

Additional Information

Shared Amenities: None

Location

Area: 3
County: Travis
Subdivision: Marlo Heights, Section 2
Driving Directions: From I35, exit 51st street and head east. Turn right onto Pecan Springs. Continue straight onto Marlo. Property is on the right.

School Information

Elem School District: Austin ISD
Midd School District: Austin ISD
High School District: Austin ISD
Elementary School: Blanton
Middle School: Lamar (Austin ISD)
High School: Northeast Early College

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

Detached/Attached: Detached

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.177
Lot Size (Sq. Ft.): 7,710.12
Topography: Sloping
Lot Features: City Lot, Gentle Sloping, Moderate Trees, Trees Medium Size

Financial Considerations

Assessment Amount: $201,770
Tax Amount: $4,129.19
Tax Year: 2025
Terms: Cash, Conventional, FHA, Texas Vet, USDA Loan, VA Loan

Disclosures and Reports

Special Conditions: Standard, Corporate Listing
Documents Avail.: Topographical Survey, Survey
Legal Description: MARLO HEIGHTS SEC 2 RSB LOT 1 BLK 3 LOT 1B
Property ID: 2151901570000
Block: 3
Lot Number: 1

Listed by Tina Barrett, Broker

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Listing agent

— 4640 Marlo Dr —

Tina Barrett, Broker

(512) 699-6577

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Schools

Schools serving 4640 Marlo Dr

School District:Austin Independent School District

Name	Grades	Distance
Blanton Elementary School, Austin, TX 5408 Westminster Drive, Austin, TX 78723	K-5	1.1 mi
Lamar Middle School, Austin, TX 6201 Wynona Avenue, Austin, TX 78757	6-8	4.7 mi
Northeast Early College High School 7104 Berkman Drive, Austin, TX 78752	9-12	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4640 Marlo Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/24/2026

Price Reduced

$275,000

-12.7%

MLS

5/18/2026

Listed

$315,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 4640 Marlo Dr

Year

Property Taxes

Change

Tax Assessment

Change

2025

$4,129

4%

$201,770

1%

2024

$3,964

100%

$200,000

-43%

2022

—

$350,000

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 4640 Marlo Dr

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4640 Marlo Drive, Austin, TX 78723 (MLS# 3633562) is a Lots/Land property with a lot size of 0.177 acres. 4640 Marlo Drive is currently listed for $275,000 and was received on May 18, 2026. Want to learn more about 4640 Marlo Drive? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

4640 Marlo Dr Austin, TX 78723