0 Conejo Dr Austin, TX 78734
This exceptional 0.753-acre residential lot presents a unique investment opportunity in Austin, Texas. Located at the corner of Conejo Dr and Hudson Bend Rd, this property boasts paved frontage and enjoys stunning views. The location offers easy access to the amenities of Lake Travis, including the highly desirable Lake Travis ISD schools, a local hospital, and a convenient array of shopping and services. Commuting to Austin is a breeze, with a travel time of approximately 30 minutes. A previous buyer secured HOA approval for a seven-unit condo project, plans for which may be available. The property is zoned for residential multifamily use, making it ideal for developing a high-end residential project to meet the area's growing housing demand. The lot's size and prime location within Travis County, zip code 78734, present a compelling opportunity for discerning investors seeking to capitalize on Austin's thriving real estate market. The APN is 155182. The asking price is $475,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.