$575,000 - 3308 Montopolis Drive, Austin
- 3
- Bedrooms
- 1
- Baths
- 1,196
- SQ. Feet
- 0.32
- Acres
$100K+ INSTANT EQUITY | 0.31-ACRE RE-DEVELOPMENT PLAY | 78744 HOT ZONE THE NUMBERS: Strategic acquisition opportunity priced at over $100,000 BELOW the current 2025 Tax Appraisal ($694,727). This is a high-margin "Buy & Build" or "Buy & Hold" play in one of Austin’s most aggressive growth corridors. DEVELOPMENT POTENTIAL: This massive 13,730 sq. ft. level lot (approx. 63' x 218') is a prime candidate for Austin’s HOME Initiative. Density: SF-3-NP zoning supports up to 3 units by-right (triplex or primary + ADUs). Small Lot Infill: Potential for subdivision under Phase 2 rules (Buyer to verify). Commercial Upside: Property fronts a major collector road with high visibility, positioning it for potential future rezoning to commercial/mixed-use as the Montopolis corridor densifies. LOCATION ALPHA: Directly across from the high-traffic Radio East Coffee & Live Music development. Immediate access to Hwy 71, minutes to ABIA, and the Tesla Gigafactory corridor. CONDITION: The existing 1,196 sq. ft. structure is a shell/teardown. Value is strictly in the land and the strategic location. Sold AS-IS.
Essential Information
-
- MLS® #:
- 3560183
-
- Price:
- $575,000
-
- Bedrooms:
- 3
-
- Bathrooms:
- 1.00
-
- Full Baths:
- 1
-
- Square Footage:
- 1,196
-
- Acres:
- 0.32
-
- Year Built:
- 1965
-
- Type:
- Residential
-
- Sub-Type:
- Single Family Residence
-
- Status:
- Active
Community Information
-
- Address:
- 3308 Montopolis Drive
-
- Subdivision:
- Thomas Gardens Sec 01
-
- City:
- Austin
-
- County:
- Travis
-
- State:
- TX
-
- Zip Code:
- 78744
Amenities
-
- Utilities:
- Electricity Connected, Natural Gas Connected, Water Connected
-
- Features:
- None
-
- Parking:
- Open
-
- View:
- None
-
- Waterfront:
- None
Interior
-
- Interior:
- Laminate
-
- Appliances:
- Gas Range
-
- Heating:
- Electric
-
- # of Stories:
- 1
-
- Stories:
- One
Exterior
-
- Exterior Features:
- None
-
- Lot Description:
- Level
-
- Roof:
- Composition
-
- Construction:
- Frame, Wood Siding
-
- Foundation:
- Pillar/Post/Pier
School Information
-
- District:
- Del Valle ISD
-
- Elementary:
- Smith
-
- Middle:
- Ojeda
-
- High:
- Del Valle
Additional Information
-
- RE / Bank Owned:
- Yes