Approved Multi-Lot Residential Development
For Sale
$5,500,000
406 West Live Oak Street, Austin, TX 78704
Six MF-3 lots are approved for 12 homes, with four lots leveled and a remodeled sales office onsite.
Property Size2,400 SF
Price / SF$2,291
Days on Market113
Property Features for 406 West Live Oak Street
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Land / Multiple Parcels
Zoning
MF-3
Taxes and HOA fees
Annual Taxes
$115,000
Listing Agency:
eXp Realty, LLC
(512) 309-0681
Listed By:
Trevor Loveless · License #0829408
(512) 309-0681
Source:
Compass
Added: Apr 22
Changed: Aug 8
Last Checked: May 8 at 9:13PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This development site consists of six individual MF-3 zoned residential lots with approved plans for 12 homes. Four of the lots have already been leveled and are development-ready. A 2,400 SF remodeled sales office is currently onsite, and a demo permit is approved for immediate redevelopment.
The property is located just off South 1st Street and approximately 1.5 miles from Lady Bird Lake, placing it within close proximity to South Congress and the South 1st retail corridor.
Site plans and approved plans are available upon request, offering a head start for a builder looking to move quickly with an infill, multi-lot project.
The property is located just off South 1st Street and approximately 1.5 miles from Lady Bird Lake, placing it within close proximity to South Congress and the South 1st retail corridor.
Site plans and approved plans are available upon request, offering a head start for a builder looking to move quickly with an infill, multi-lot project.
Key Highlights
- Approved for 12 homes across six individual MF‑3 zoned residential lots in South Austin
- Four of the six lots are already leveled and development‑ready
- 2,400 SF remodeled sales office onsite
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,159
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Six MF-3 lots are approved for 12 homes, with four lots leveled and a remodeled sales office onsite.
Where is this residential land & home lot located?
The property is located at 406 West Live Oak Street Austin, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Approved for 12 homes across six individual MF‑3 zoned residential lots in South Austin; Four of the six lots are already leveled and development‑ready; 2,400 SF remodeled sales office onsite
