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Two-Lot Development Land Opportunity
For Sale
$499,000

8802 Leo Street, Austin, TX 78745

Residential land spanning two lots with an existing tear-down structure on approximately 0.45 acres.

Property SizeContact for details
Lot Size0.45 Acres
Days on Market93

Property Features for 8802 Leo Street

General Information

Standard status Active
Lot size 0.45 Acres
Property subtype Land / Multiple Parcels

Taxes and HOA fees

Annual Taxes $1,651
Listing Agency: Keller Williams Realty
Listed By: Justin Rourke · License #0600108
Source: Compass
Added: May 13 Changed: Aug 8 Last Checked: May 26 at 7:33AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This residential land offering spans two lots, totaling approximately 0.45 acres, and includes an existing structure that is considered a tear-down. The site is shaded by mature trees and provides a setting for new construction or redevelopment.

Located in South Austin near Southpark Meadows and Sunset Valley shopping, dining, and entertainment, the property is also described as minutes from Downtown Austin.

As presented, the asset offers flexibility for buyers looking to build, redevelop, or hold for future development potential.

Key Highlights

  • Approximately 0.45‑acre residential property spanning two lots
  • Existing structure is a tear‑down for redevelopment or new construction
  • Shaded by mature trees, offering a peaceful setting

Property Analytics

Current Use

Little Love Jars (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Dental Office Real Estate Agency Nail Salon

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

420
Businesses Nearby

Demographics for 78745, TX

59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential land spanning two lots with an existing tear-down structure on approximately 0.45 acres.
Where is this residential land & home lot located?
The property is located at 8802 Leo Street Austin, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 0.45‑acre residential property spanning two lots; Existing structure is a tear‑down for redevelopment or new construction; Shaded by mature trees, offering a peaceful setting
More about this property
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