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Crystal Olenbush

512-344-6000
  • 2414 Drew Lane

  • $1,800,000 REDUCED
  • 2.40 Acres Commercial Sale Austin, TX 78748

The land development opportunity at 2414 Drew Ln, South Austin presents one of a kind of investment into a shovel-ready project, with options to build and sell, or to build a townhome rental community in a popular neighborhood in Austin. The land is conveniently located, with easy access to highways, parks, and major business areas. The Seller, Fortunate Foundations, is an experienced local builder and is open to the option to construct the development as a contractor for the buyer. The property at 2414 Drew Ln was successfully rezoned from a rural district zoning to SF-3 single family residential zoning in 2021. The property has been subdivided into 10 individual lots. Civil engineering drawings have been finalized for grading & drainage, driveways and utilities, and water quality & detention ponds. Pending completion of the architectural design of individual homes, this project is ready for the submission of building permit applications.

View More Properties in the 78748 Zip Code.

Essential Information

  • MLS® #1653455
  • Price$1,800,000
  • Bathrooms0.00
  • Acres2.40
  • Year Built2024
  • TypeCommercial Sale
  • Sub-TypeOther
  • StatusActive

Community Information

  • Address2414 Drew Lane
  • SubdivisionDrew Lane Add
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78748

Amenities

  • UtilitiesSee Remarks
  • ParkingNone

Map & Directions

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Price Change History for 2414 Drew Lane, Austin, TX (MLS® #1653455)

Date Details Price Change
Price Reduced $1,800,000 $200,000 (10.00%)
Price Reduced (from $2,500,000) $2,000,000 $500,000 (20.00%)

Property Listed by: Keller Williams Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 22nd, 2024 at 11:36pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.