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2414 Drew Ln Austin, TX $ 1,800,000
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$ 1,800,000 Get more info
2414 Drew Ln
$ 1,800,000
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Share Save

2414 Drew Ln

Austin, TX, 78748
$ 1,800,000
Baths0.0 Sq 1,525

Monthly Estimate*

$ 11,963

2414 Drew Ln, Austin, TX 78748 - Image 1
2414 Drew Ln, Austin, TX 78748 - Image 2
2414 Drew Ln, Austin, TX 78748 - Image 3
2414 Drew Ln, Austin, TX 78748 - Image 4
2414 Drew Ln, Austin, TX 78748 - Image 5
Studio

Commercial Property for sale in Austin, TX

for $1,800,000. This 1,525 square foot building was built in 2024 on a lot size of 2.402.

The land development opportunity at 2414 Drew Ln, South Austin presents one of a kind of investment into a shovel-ready project, with options to build and sell, or to build a townhome rental community in a popular neighborhood in Austin. The land is conveniently located, with easy access to highways, parks, and major business areas. The Seller, Fortunate Foundations, is an experienced local builder and is open to the option to construct the development as a contractor for the buyer. The property at 2414 Drew Ln was successfully rezoned from a rural district zoning to SF-3 single family residential zoning in 2021. The property has been subdivided into 10 individual lots. Civil engineering drawings have been finalized for grading & drainage, driveways and utilities, and water quality & detention ponds. Pending completion of the architectural design of individual homes, this project is ready for the submission of building permit applications.

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Commercial Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 22,954

Style

Lot Size

2.402

Year Built

2024

Town/City

Austin

County/Region

Travis

MLS | Web ID

1653455
Features
General
Utilities See Remarks
Construction Materials None
Year Built 2024
Property SubType See Remarks
Tax Year 2023
Current Use Unimproved See Remarks
County Travis
Operating Expense 0
New Construction N
Property Type Commercial Sale
Subdivision Name Drew Lane Add
Building Features See Remarks
Other Structures None
Status Active Under Contract
Directions From 35 take West Slaughter St exit turn left on Riddle turn left on Old Manchaca and turn right on Drew Ln.
City Austin
Disclosures None
MLS Area SWE
Lot Size Square Feet 104631.12
Waterfront Y/N N
Street Name Drew
Tax Annual Amount 22953.56
Property Condition See Remarks
Additional Parcels Y/N N
Leasable Area 0
Lease Type None
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 1200627
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Exterior
Parking Features None
Total Parking 0
Number of Buildings 0
Building Area Total 1525
Lot Size Acres 2.402
Lot Size Source Public Records
Other Equipment None
Horse Y/N N
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Interior
Street Suffix LN
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 2414
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* Excluded Features
List By
Wendy Papasan

Listing Agent

Keller Williams Realty

Broker

listings@papasanproperties.com

Email

Affordability Calculator

$13,876
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,963
Monthly Property Taxes
$1,913
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/3/2023$1,800,000 -10.00% Price Down
7/5/2023$2,000,000 -20.00% Price Down
6/29/2023$2,500,000 Listed Price

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2414 Drew Ln, Austin, TX, 78748 is a Commercial Property for sale at $1,800,000 with 1,525 sqft and a lot size of 2.402. 2414 Drew Ln is a studio with 0.0 baths and was built in 2024. The property's zip code is 78748 which is in Austin, TX

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