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.
Listed By
Agency Name: JPAR Austin
Agency Contact: 512-422-4653
Shown By
Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City
Estimated Payment
$ 2,286.32 per month $1,333.11 Principal & Interest $778.50 Property Tax $174.71 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2703 Wheless Ln | MLS# 7840056
This single family home located at 2703 Wheless Ln, Austin, TX 78723 is currently listed for sale with an asking price of $599,000. This property was built in 1947 and has 3 bedrooms and 1 full baths with 1406 sq. ft. Wheless Ln is located in the Thomas Eldridge subdivision within the Austin ISD school district. Search Thomas Eldridge real estate on www.pealestate.com today.