5227 Ledesma Rd Austin, TX 78721
Exceptional 1.19-acre development opportunity in desirable East Austin, Travis County, Texas. This shovel-ready site boasts approved plans for six buildable lots, featuring twelve modern homes designed by Kipp Flores, ranging from 1,281 to 1,823 square feet. The meticulously planned subdivision, located at 5227 Ledesma Rd, Austin, TX 78721, offers a blend of convenience and the vibrant East Austin lifestyle. Red-stamped city approvals are in place, ensuring a streamlined development process. The property is zoned SF-3 and is offered fee simple. Located less than a mile from Springdale Green and Springdale General, and just a 14-minute drive to downtown Austin, this prime location provides easy access to amenities and the city's thriving energy. The asking price is $1,795,000. This is a truly unique opportunity to capitalize on the booming Austin real estate market.
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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Risks
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