2414 Drew Lane, Austin, TX

$1,800,000

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2.40

Acres

About 2414 Drew Lane

The land development opportunity at 2414 Drew Ln, South Austin presents one of a kind of investment into a shovel-ready project, with options to build and sell, or to build a townhome rental community in a popular neighborhood in Austin. The land is conveniently located, with easy access to highways, parks, and major business areas. The Seller, Fortunate Foundations, is an experienced local builder and is open to the option to construct the development as a contractor for the buyer. The property at 2414 Drew Ln was successfully rezoned from a rural district zoning to SF-3 single family residential zoning in 2021. The property has been subdivided into 10 individual lots. Civil engineering drawings have been finalized for grading & drainage, driveways and utilities, and water quality & detention ponds. Pending completion of the architectural design of individual homes, this project is ready for the submission of building permit applications.

Features of 2414 Drew Lane

MLS® # 1653455
Price $1,800,000
Bathrooms 0.00
Acres 2.40
Year Built 2024
Type Commercial Sale
Sub-Type Other
Status Active Under Contract

Community Information

Address 2414 Drew Lane
Area SWE
Subdivision Drew Lane Add
City Austin
County Travis
State TX
Zip Code 78748

Amenities

Utilities See Remarks
Parking None
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed June 29th, 2023
Days on Market 301
Foreclosure No
Short Sale No
RE / Bank Owned No
Tax Year 2023
Estimated Tax 22,954
Total Actual Tax 22,954

Listing Details

OfficeKeller Williams Realty
Contact Info(512) 439-8797
Contact Details(512) 439-8797

Listing Map

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