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Property profile & analytics
OFF-MARKET
Land

4900 Cliffridge Rd Austin, TX 78744

Property ID
Property summary
AI-generated overview

This exceptional offering presents a rare chance to acquire fourteen buildable townhome lots in South Austin, Texas. Each lot is priced at $25,000, totaling $350,000 for the entire parcel. Located within the established and gated Greenslopes HOA, these lots are part of a pre-approved Planned Unit Development (PUD), significantly streamlining the development process. The existing city-approved site plan, dating back to the 1970s, eliminates the need for new FAR calculations, zoning adjustments, or additional re-approvals; only a "B - Construction Site Plan" submittal is required. A resolution from the Greenslopes HOA supporting development is included in the provided documentation. Each lot measures 610 square feet. The property enjoys a convenient location, situated 3.5 miles from McKinney Falls State Park, 8.5 miles from downtown Austin, and 11 miles from Austin-Bergstrom International Airport. Proximity to Tesla Giga Factory (13 miles) and easy access to IH-35 further enhance its appeal. This represents a unique investment opportunity for developers seeking to capitalize on South Austin's thriving real estate market. Prospective buyers are responsible for independently verifying all provided information. The address is 4900 Cliffridge Rd, Austin, TX 78744, and the property is zoned PUD.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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