$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.
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.
Listing Provided Courtesy of Res and Ranch LLC
Property Details
Price:
$575,000
MLS #:
3560183
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Thomas Gardens Sec 01
Listed Date:
Mar 6, 2026
Finished Sq Ft:
1,196
Lot Size:
13,730 sqft / 0.32 acres (approx)
Year Built:
1965
See this Listing
Schools
School District:
Del Valle ISD
Elementary School:
Smith
Middle School:
Ojeda
High School:
Del Valle
Interior
Appliances
Gas Range
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Laminate
Heating
Electric
Exterior
Community Features
None
Exterior Features
None
Other Structures
None
Parking Features
Open
Roof
Composition
Financial
Taxes
$14,382
Map
Community
- Address3308 Montopolis DR Austin TX
- SubdivisionThomas Gardens Sec 01
- CityAustin
- CountyTravis
- Zip Code78744
Market Summary
Current real estate data for Single Family in Austin as of Mar 06, 2026
3,152
Single Family Listed
92
Avg DOM
401
Avg $ / SqFt
$1,055,235
Avg List Price
Property Summary
- Located in the Thomas Gardens Sec 01 subdivision, 3308 Montopolis DR Austin TX is a Single Family for sale in Austin, TX, 78744. It is listed for $575,000 and features 3 beds, 1 baths, and has approximately 1,196 square feet of living space, and was originally constructed in 1965. The current price per square foot is $481. The average price per square foot for Single Family listings in Austin is $401. The average listing price for Single Family in Austin is $1,055,235. To schedule a showing of MLS#3560183 at 3308 Montopolis DR in Austin, TX, contact your Ensor & Co., Realtors agent at 512-640-9277.
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