Date
Details
Price
Change
Source
3/18/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$1,500,000
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1/17
Property Description
Ideal HOME / HOME2 development site. This 2.01+/- acre assemblage of two 1+/- acre city lots is in the sweet spot for size and density under the code, ideal for a mid-density entry level sale or single family rental development in the heart of Austin. Feasibility studies by LLVLL Design / Build projects up to 31 units @ 1650 sqft / unit, equating to over 51,000 buildable sqft, extracting maximum benefit from 90% FAR allowed under the code if used strategically. At 51k sqft land cost is under $30/sqft. Nice level site with easy access. Arborist indicates all existing trees can be removed. The existing homes are both occupied allowing for a low cost entry point leveraging conventional residential lending and substantial interim rental income while in the lead up to groundbreaking. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis on the land with minimal impact to the total project unit count. I-35 Capital Express South project with easy access from both directions and a 2023 daily traffic count of over 190,000. Major infrastructure improvements related to the TXDOT effort just completed. Buyers to do all their own due diligence. Contact LA for more information.
Full Property Details
Full Property Details for 700 & 604 Corral Ln
General
- Price: $1,500,000
- Taxes: $16,018 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 2478448
- Updated: 3/19/2026
- Added to Site: 18 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: 10S
- County: Travis
- Subdivision: Circle S Ridge Sec 01
- Driving Directions: From S I-35 frontage, right on Corral, first two units on right. No sign. Do not enter properties without making arrangements with agent.
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Pleasant Hill
- Middle School: Bedichek
- High School: Crockett
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Property Condition: See Remarks
Additional Structures
- Other Structures: Second Residence, Residence, See Remarks, Workshop
Lot Features
- Lot Size (Acres): 2.01
- Lot Size (Sq. Ft.): 87,555.6
- Topography: Level
- Lot Features: Cleared, City Lot, Level, Open Lot, Flat
Financial Considerations
- Assessment Amount: $1,034,411
- Tax Amount: $16,018
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Multiple Parcels: Yes
- Legal Description: LOT 25 BLK A CIRCLE S RIDGE SEC 1 & LOT 26 BLK A CIRCLE S RIDGE SEC 1
- Disclosures/Reports: See Remarks
- Property ID: 4240702020000
- Block: A
- Lot Number: 25 & 26
Listed by Texas Ally Real Estate Group
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Listing agent
— 700 & 604 Corral Ln —
Texas Ally Real Estate Group
(512) 763-2559
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 700 & 604 Corral Ln
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Pleasant Hill Elementary School, Austin, TX 6405 Circle South Road, Austin, TX 78745 | K-5 | 0.8 mi |
Bedichek Middle School 6800 Bill Hughes Road, Austin, TX 78745 | 6-8 | 1 mi |
Crockett High School, Austin, TX 5601 Menchaca Road, Austin, TX 78745 | 9-12 | 2.4 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 700 & 604 Corral Ln
Estimate the Cost
Estimate the Cost for 700 & 604 Corral Ln
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- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 6Total Baths
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
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- Single Family
- Active
- Updated 19 hours ago
- 3Beds
- 3Total Baths
700 & 604 Corral Lane, Austin, TX 78745 (MLS# 2478448) is a Lots/Land property with a lot size of 2.01 acres. 700 & 604 Corral Lane is currently listed for $1,500,000 and was received on March 18, 2026. Want to learn more about 700 & 604 Corral Lane? 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.