Attention investors and developers: this is the opportunity you've been waiting for in one of East Austin's hottest corridors. Listed at $318,000, this 6,016 sq ft lot in the rapidly transforming Montopolis neighborhood offers land value that far outweighs the existing structure, making it an ideal teardown or infill redevelopment site.Under Austin's HOME Initiative (Phases 1 & 2), this lot may support up to 3 units, with minimum lot sizes reduced to just 2,000 sq ft and at 6,016 sq ft, this parcel comfortably exceeds that threshold, putting multi-unit construction well within reach. The surrounding area is already seeing significant mid-century teardowns replaced by modern multi-story infill, with over 29% of Montopolis homes built after 2010. Median area pricing sits around $360K, with continued upward pressure driven by proximity to downtown Austin and Austin-Bergstrom International Airport.Walkable to the brand-new Montopolis Recreation and Community Center featuring a renovated pool, gym, and community spaces. Close to the Montopolis Bridge transit link and major development corridors along Montopolis Drive.Whether you're looking to build and sell, build and hold, or assemble, this site checks every box. Don't miss your chance to capitalize on East Austin's continued growth.Buyer to verify lot dimensions, zoning classification, and development feasibility with the City of Austin Development Services.
Listed By
Agency Name: eXp Realty, LLC
Agency Contact: (512) 773-1268
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 1,200.81 per month $707.73 Principal & Interest $400.33 Property Tax $92.75 Homeowner's Insurance
1204 Begonia Ter | MLS# 7519520
This single family home located at 1204 Begonia Ter, Austin, TX 78741 is currently listed for sale with an asking price of $318,000. This property was built in 1970 and has 7 bedrooms and 1 full baths with 1016 sq. ft. Begonia Ter is located in the Country Club Gardens subdivision within the Del Valle ISD school district. Search Country Club Gardens real estate on www.rmcapitalcity.com today.