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4306 Banister Ln, Austin, TX 78745

$800,000
  • 4306 Banister Ln, Austin, TX 78745 Main Photo

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Active Under Contract
LOT SIZE 0.499 acres MLS#2942677
STATUSActive Under Contract PROPERTY TYPELand SUBDIVISIONBanister Acres SCHOOLAustin ISD

Property Description

One of the last unimproved SF-3 lots of this size along the Banister corridor. 4306 Banister Ln offers approximately 21,483 square feet of flat, cleared land with direct street frontage and no existing structure to demolish or work around.This property presents multiple potential paths to value. Under existing SF-3 development standards, the lot may support a two-lot subdivision. Recent City of Austin HOME amendments may provide additional flexibility for a three-lot configuration, and may also allow up to three residential units on an SF-zoned lot, subject to applicable code, access, utilities, and City approval. Buyer to independently verify all subdivision potential, permitted uses, deed restrictions, and development standards with the City of Austin Development Services Department prior to closing.The Banister corridor continues to experience strong infill and new construction activity, with multiple builders active nearby and recent land sales, active listings, and closings supporting continued developer interest in this submarket. The property is well-positioned for residential redevelopment in an area where demand remains strong for thoughtfully designed infill product.Conveniently located with quick access to US-290/Ben White, St. Davids South Austin Medical Center, South Congress, South Lamar, and Downtown Austin. Commercial adjacency to the west may provide a natural buffer that could benefit certain site plans and development configurations.All development scenarios are presented as potential opportunities only. Buyer to independently verify lot dimensions, zoning, subdivision feasibility, permitted uses, utility availability, development standards, deed restrictions, and all applicable City of Austin regulations, including HOME amendments.

4306 Banister Ln | MLS# 2942677

This land located at 4306 Banister Ln, Austin, TX 78745 is currently listed for sale with an asking price of $800,000. The property has approximately 0.50 Acres. Banister Ln is located within the Austin ISD school district. Search Austin real estate on gilbertg.rmcapitalcity.com today.

Property Features

Property Type: Land
Lot Size: 0.50 Acres
Taxes: $8,595

Feature Descriptions

Area #: 10N
Days on Site: 72
Flood Plain: No
Lot: Level
Lot Dimensions: 101 X 210
Mineral Rights: None
Parcel#: 0409100208
Restrictions: City Restrictions
Sewer: Public Sewer
Topography: Level
Utilities: See Remarks
Water: Public

Local Schools

High School: Crockett
Middle School: Covington
Elementary School: Joslin
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: Devora Realty
Agency Contact: (512) 961-9084

Shown By

Agent Name: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City

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Estimated Payment

$ 2,730.04 per month $1,780.45 Principal & Interest $716.25 Property Tax $233.33 Homeowner's Insurance

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