2703 Wheless Ln, Austin, TX 78723

$599,000
3
BD
1
BA
1,406
SqFt

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List Price
$599,000
Status
ACTIVE
Days on Market
49
MLS#
7840056
Subtype
Residential
Year Built
1947
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,406
Lot Size
21,039
Acres
0.48
Subdivision
Thomas Eldridge
Neighborhood
Thomas Eldridge
MLS Area Major
Austin - East

Property Description

This almost half acre property is being marketed as a tear down. A new 4" sewer line from the house to the street has been installed in Aug/Sept 2025 for >$30,000 with full permits, which will save on development cost. According to the City of Austin's HOME initiative property code changes, 'small lot single-family residential use' allows for development on lots as small as 1800 ft. The highest and best use of this property might be to subdivide it into two 10,000SF+ lots and build multiple units on each lot, or build multiple units on the whole almost half acre property. There is no tree survey available, but most of the trees are on the periphery of the lot and the center part of the lot which would be the buildable area is clear and flat. There is a lot of new development in this area and it is very desirable due to proximity to Downtown as well as UT Austin.

Additional Information

Amenities
See Remarks
Interior Features
See Remarks
Exterior Features
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Taxes
$9,342
Appliances
See Remarks
Heating
See Remarks
Air Conditioning
See Remarks
Exterior Construction
See Remarks
Stories
1
Levels
One
Roof
Shingle
School District
Austin ISD
Elementary School
Blanton
Middle School
Lamar (Austin ISD)
High School
Northeast Early College
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Listing courtesy of JPAR Austin. Contact: 512-422-4653

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