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Travis Heights Land Opportunity
For Sale
$855,000

407 E Monroe St, Austin, TX 78704

Land for development near South Congress Avenue in Austin.

Property SizeContact for details
Days on Market722

Property Features for 407 E Monroe St

General Information

Standard status Active
Property subtype Land
Listing Agency: Moreland Properties
Listed By: Clayton Bullock · License #0512001
Source: Exprealty
Added: Oct 2, 2024 Changed: Sep 10 Last Checked: Sep 22 at 6:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moreland Properties

Investment Insights

Based on property information with market context.

This property is one of a limited number of lots in the Travis Heights area, situated north of Live Oak. The level and mostly cleared lot offers the potential for constructing one residence or up to three. Located a short distance from South Congress Avenue, the property includes a shared Heritage Live Oak tree. The lot faces north, which reduces sun exposure during the summer.

Key Highlights

  • Rare Travis Heights lot under $1 million.
  • Development potential: build one residence or up to three.
  • Prime location**: just 5 blocks to South Congress Avenue.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Veterinary Clinic Pet Grooming Service Garden Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,684
Businesses Nearby

Demographics for 78704, TX

49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Land for development near South Congress Avenue in Austin.
Where is this land located?
The property is located at 407 E Monroe St Austin, TX.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: Rare Travis Heights lot **under $1 million**.; Development potential: build one residence or up to three.; Prime location**: just 5 blocks to South Congress Avenue.
More about this property
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