700 & 604 Corral Ln, Austin, TX

$1,700,000

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2.01

Acres

About 700 & 604 Corral Ln

Ideal HOME / HOME2 development site. 2.01+/- acre assemblage of two 1 ac city lots, ideal for entry level build for sale or build for rent HOME 2 development. Feasibility study by LLVLL Design / Build projects 31 units @ 1650 sqft / ea under the new code for over 51,000 buildable sqft, or around $35/sqft land cost. Arborist indicates all existing trees can be removed. By leveraging the small site & 1650 sqft min/ unit provision of HOME 2 you can extract over 90% FAR per site based on preliminary site plan. At 31 sites land cost is less than $60,000 per unit. One of both of the existing homes could be saved / renovated/ flipped to substantially lower the cost basis of the land $/ unit land cost, or leveraged as interim income. Other uses possible under SF2 to leverage improved access and traffic counts related to the ongoing TXDOT I-35 Capital Express South project with easy access from both directions and a 2023 daily traffic count of over 190,000. Buyers to do all their own due diligence. Properties to be sold together. Contact LA for more information.

Features of 700 & 604 Corral Ln

MLS® # 9528461
Price $1,700,000
Bathrooms 0.00
Acres 2.01
Year Built 1959
Type Commercial
Sub-Type Other
Status Active
Has Pool No

Water Feature/View

View None
Is Waterfront No

Community Information: Austin

Address 700 & 604 Corral Ln
Area 10S
Subdivision Circle S Ridge Sec 01
City Austin
County Travis
State TX
Zip Code 78745

Amenities of 700 & 604 Corral Ln

Utilities Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Parking None

Interior of 700 & 604 Corral Ln

Fireplace No

Exterior of 700 & 604 Corral Ln

Lot Description Flat
Construction Brick, Frame

Additional Information On 700 & 604 Corral Ln

Days on Website 125
Zoning SF-2, HOME & HOME2 compat
Foreclosure No
Short Sale No
RE / Bank Owned No
Gated Community No

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Texas Ally Real Estate Group(512) 763-2559. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from November 4th, 2025 at 7:02pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Map to 700 & 604 Corral Ln, Austin

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