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Central Austin Development Opportunity
For Sale
$275,000

4640 Marlo Dr, Austin, TX 78723

Wooded lot in 78723 with development potential.

Property SizeContact for details
Days on Market81

Property Features for 4640 Marlo Dr

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $4,129
Listing Agency:
Listed By: Tina Barrett · License #0613326
Source: Elliman
Added: May 20 Changed: Aug 8 Last Checked: Jul 16 at 11:52AM

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 Tina Barrett

Investment Insights

Based on property information with market context.

This property presents an exceptional development opportunity in Central Austin, situated on a wooded and gently sloped lot within the desirable 78723 area. The location offers a quiet, secluded environment surrounded by mature trees and natural scenery, while also providing convenient access to various amenities. Mueller, including the HEB and parks, is just 5 minutes away, and Downtown, the University of Texas, the airport, restaurants, shopping, and major roadways are also easily accessible. Utilities such as water, wastewater, electric, and gas are available at the street, although buyers are advised to verify their availability. Current regulations may allow for the construction of up to 3 residential units, but buyers should independently verify all zoning, development, subdivision, utility, and building requirements with the City of Austin. This property is an excellent opportunity for builders, investors, or buyers looking for an infill lot with strong development potential in one of Austin’s rapidly evolving central neighborhoods. The bike score is 44, indicating it is somewhat bikeable. The walk score is 36, indicating car-dependent surroundings, and the transit score is 40, indicating some transit options are available.

Key Highlights

  • Exceptional Central Austin development opportunity in highly desirable 78723.
  • Potential for up to 3 residential units (buyer to verify zoning).
  • Beautifully wooded and gently sloped lot with mature trees.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Auto Parts Store Gym & Fitness Center

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

252
Businesses Nearby

Demographics for 78723, TX

34,522
Population
17,065
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,862
Density / Sq Mi
$87,978
Median Household Income
$54,769
Median Earnings
$1,478
Median Rent
$513,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Wooded lot in 78723 with development potential.
Where is this residential land & home lot located?
The property is located at 4640 Marlo Dr Austin, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Exceptional Central Austin development opportunity in highly desirable 78723.; Potential for up to 3 residential units (buyer to verify zoning).; Beautifully wooded and gently sloped lot with mature trees.
More about this property
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