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1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
1402 Valley ridge DR
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$518,000

1402 Valley ridge DR

Description

A GOLDEN opportunity for investors and developers to secure a prime lot in the highly sought-after 78704 zip code, with the ability to build 3 units under the new HOME code. Strategically located just minutes from Zilker Park, Downtown Austin, South Congress, and Austin's best dining, shopping, and entertainment, this property is situated in one of the fastest-growing and most desirable neighborhoods in the city. With Lot 22A measuring 10,935 SQFT, this lot can accommodate three units, with a total Floor Area Ratio (FAR) of 7,107 SQFT, maximizing development potential. Whether you choose to build and sell three luxury homes or develop high-end rental units, this opportunity offers substantial returns in a high-demand market. Adding to its appeal, the site offers unobstructed downtown Austin views, further enhancing the value of future properties. With Austin's real estate market experiencing continued appreciation and strong buyer demand, this project presents a lucrative investment in a premium location. The listing agent is available to assist with detailed development analysis, architectural and engineering coordination, and builder selection, ensuring a seamless path from acquisition to completion. Buyer to complete all due diligence and verify all information. Don't miss out on this rare investment opportunity in one of Austin's most thriving areas!

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Location

1402 Valleyridge DR # 22A, Austin, TX 78704

Status

For Sale
Darsh Parikh

Darsh Parikh

TITLE

Principal

Property Amenities

Area & Lot
Lot Area 0.32 Acres
MLS® ID 9518012
School District Austin ISD
High School Austin
Middle School O Henry
Elementary School Zilker
Water Frontage See Remarks
View Description Neighborhood
Type Land
Status For Sale
Exterior
Water Source Public
Sewer Public Sewer
Lot Features Level
Utilities See Remarks
Finance
Sales Price $518,000
Real Estate Tax $8,829 yearly
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Thank you for your interest in 1402 Valleyridge DR # 22A, Austin, TX 78704. We are reviewing your request and will be in touch shortly!

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