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$1,800,000
Listing Price$1,400,000Est. Opening Bid3beds
2baths
1,525sqft
104,631sqft lot
2414 Drew Ln, Austin, TX 78748
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Full foreclosure details
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Auction
For Sale
Home type
Price / sqft
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
1525
3
2
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
104631
No
No
Type:
Mixed
Location:
N/A
Status:
N/A
Number of Spaces:
5
No
No
No
No
Yes
No
No
Construction Details
N/A
N/A
Pier/post & Beam
Gable
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
Average Home Price in 78748
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Auction Details for 2414 DREW LN
Property Debt
Foreclosure Contact Details
Current Owner
Transaction History
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Guides for Drew Ln
Last year, the Austin housing market saw oscillations in average property values and transaction prices, while the cost per sq ft trended downwards