Austin, TX 78731,5108 Valley Oak DR

$575,000

Est. payment /mo
Est.Price: ?

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5108 Valley Oak DR Austin, TX 78731

9,500 Sqft Lot

SOLD DATE : 09/01/2023

Key Details

Property Type Vacant Land

Sub Type Lot

Listing Status Sold

Purchase Type For Sale

Subdivision Highland Park West

MLS Listing ID 8166395

Sold Date 09/01/23

Originating Board actris

Annual Tax Amount $15,594

Tax Year 2023

Lot Size 9,500 Sqft

Property Description

Premier Development Opportunity in Highland Park West. We are excited to present an extraordinary opportunity to secure a prime lot in the highly coveted Highland Park West neighborhood, conveniently located just minutes from downtown Austin. This property is truly "shovel ready", coming complete with fully approved plans and permits, allowing you to bypass the tedious and time-consuming process of application and waiting for approval. Included in the sale are professionally crafted plans by the renowned Rodenberg Design, envisioning a stunning residence of approximately 3,282 sqft. The design encompasses four spacious bedrooms, three and a half luxurious bathrooms, a generous family room, and a substantial covered porch – an idyllic setup for families. One of the highlights of this prospective property is an inviting pool area – perfect for the warm Austin weather. Additionally, the house plan features a massive covered porch for the ultimate indoor-outdoor living experience, making this home the quintessential setting for both relaxation and entertainment. This rare offering is perfect for a builder or homebuyer looking to bypass the typical 4-6 month permitting process and begin construction immediately. According to our projections, the completed home is estimated to be valued between $2.4M-$2.8M, offering substantial room for profit or equity. Don't miss out on this chance to bring an architectural masterpiece to life in one of Austin's most desirable neighborhoods. For more information contact the agent. **Slic design package attached and Tusker Development can build the home in these plans and it is shovel ready!**

Location

State TX

County Travis

Interior

Fireplace N

Exterior

Community Features See Remarks

Utilities Available Above Ground

Waterfront No

Waterfront Description None

View City

Building

Lot Description See Remarks

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Highland Park

Middle Schools Lamar (Austin Isd)

High Schools Mccallum

School District Austin Isd

Others

Restrictions See Remarks

Acceptable Financing Cash, Conventional

Tax Rate 1.95

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Compass RE Texas, LLC
Bought with Non Member

Christine Emanuel

Advisor | License ID: 682255

+1(512) 750-3800

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