Price Reduction - Views
Address
7406 Sherwood Road Austin, TX
Price
$ 1,000,000
Property Attributes
  • MLS#2866282
  • TypeLand
  • CountyTRAVIS
  • CityAustin
  • Area10S
  • NeighborhoodElmwood Estates
  • Zip78745
  • StyleUnimprovedLand
  • Taxes$ 9993
  • Price$ 1,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.34 Acres
Listing Provided Courtesy Of:
Realty Austin
Data Source:
Austin Board of REALTORS
Property Description

Unique opportunity in South Austin's highly desirable 78745 zip code on 1.335 acres (per survey). Zoned DR-Development Reserve by City of Austin (TCAD shows SF-2), the relatively flat lot boasts mature pecan, apple and oak trees. Located in Elmwood Estates with excellent potential for builders, investors, or the owner to build a dream home estate. Tear down existing structures and great potential to build multiple structures with rezoning and subdividing process. Value is in the land due to existing home's condition and foundation issues. See Preliminary Property Profile report available from Keepers Land Planning attached in documents for recommended highest and best use. Buyers to independently verify all information.

Elementary School Middle School High School
Casey Elementary School Bedichek Middle School Akins High School
Price History
5/17/2021 Listed $1,175,000
6/5/2021 15% - $1,000,000

General Features

Association Y/N No
Community Features None
Elementary School Casey
Exterior Features PrivateYard, RainGutters, SeeRemarks
High School Akins
High School District Austin ISD
MLS Area 10S
Middle/Junior High School Bedichek
New Construction No
Property SubType UnimprovedLand
Property Type Land
Restrictions CityRestrictions, DeedRestrictions
Sewer PublicSewer
Special Listing Conditions Standard
Terms Cash, Conventional
View None
Waterfront Features None
Zoning DR-Development Reserve by
Zoning Description DR-Development Reserve by City of Austin; SF-2 by TCAD.

Exterior Features

Fencing ChainLink, CrossFenced, Gate, Livestock
Horse Y/N Yes
Lot Features InteriorLot, Level, Private, ManyTrees, TreesLargeSize
Lot Size Acres 1.34
Lot Size Area 1.34
Road Surface Type Gravel, Paved
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 78745

Price
AVG $700K
$1M
Taxes
AVG $5,795
$9,993
Visits
AVG 21
35

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