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$1,800,000

Listing Price$1,400,000Est. Opening Bid

3beds

2baths

1,525sqft

104,631sqft lot

2414 Drew Ln, Austin, TX 78748

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

Auction

For Sale

Single Family

Home type

1083.3

Price / sqft

1956

Year built

Home Details

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.

Interior Details

Square Feet
  • 1525

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    No

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 104631

Water
  • No

Sewer
  • No

Parking
  • Type:

    Mixed

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    5

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • Pier/post & Beam

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$6,336

$187,500

$107,920

--%

$295,420

2020

$6,336

$187,500

$107,920

--%

$295,420

2018

$7,234

$187,500

$141,879

--%

$329,379

2016

$6,596

$120,000

$175,798

--%

$295,798

2017

$6,596

$120,000

$175,798

--%

$295,798

2014

$6,107

$120,000

$136,631

--%

$256,631

2014

$6,321

$120,000

$73,057

--%

$193,057

2012

$5,314

$120,000

$103,091

--%

$223,091

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Average Home Price in 78748

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,800,000
$
Down payment
360,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
10,800
$
HOA (Monthly)
0
$
PMI
0
$
$11,652
Your Payment
Total Monthly Payment:$11,652
Percent of Income:200%
Affordable:No
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Auction Details for 2414 DREW LN

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Property Debt

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Foreclosure Contact Details

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Current Owner

Transaction History