Manchaca, TX 78652,12301 Twin Creek DR

$265,000

Est.Price: ?

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Est. payment /mo

0.67 Acres Lot


SOLD DATE : 04/27/2023

Key Details

Property Type Vacant Land

Sub Type Lot

Listing Status Sold

Purchase Type For Sale

Subdivision Twin Creek Park

MLS Listing ID 6568681

Sold Date 04/27/23

Originating Board actris

Annual Tax Amount $3,488

Tax Year 2022

Lot Size 0.670 Acres

Property Description

LAND…because they are not making any more of it! This corner lot is cleared and flat! Located within minutes from multiple large shopping centers, IH-35, and the 45 tollway towards the airport or the 45 tollway towards Mopac. It is also close to the Texas Children's Hospital that will be built and add additional growth to the area. It has a lower tax rate and is easier to build with only a general development, septic, and driveway permit needed with Travis county. There is no City of Austin permitting yet you are still so close to Austin. Located in a quiet area. You can demo the trees if you prefer or keep them for shade. Multiple entrances are possible with this corner lot! See rendering photo for ideas. The plat restrictions allow for an additional ADU or garage apartment to be built. There is plenty of room to build a one (or two) story main house and an additional in-law home, garage rental, or Air BnB rental in the backyard! The average annual return for an Air BnB in the Manchaca area is between $20,000 - $436,000, according to Air DNA. No STR rental license required from City of Austin. Potential ARV $750,000+ for investors. Adjoining lot is available as well (12303 Twin Creek Dr). Buy one lot or both for a combined 1.35 acres. The possibilities are endless! Engineered Geo-survey available upon request. Nearby Hwy 1626 expansion plans are currently underway. This area is growing fast. Don't miss this opportunity! Seller is licensed real estate listing agent.

Location

State TX

County Travis

Interior

Fireplace N

Exterior

Fence Back Yard, Chain Link

Community Features None

Utilities Available Above Ground, Cable Available, Electricity Available, Underground Utilities, Water Available

Waterfront No

Waterfront Description None

View Neighborhood

Building

Lot Description Back Yard, Cleared, Corner Lot, Interior Lot, Level, Open Lot, Trees-Sparse

Sewer Septic Tank

Water Public

New Construction No

Schools

Elementary Schools Menchaca

Middle Schools Paredes

High Schools Akins

Others

Restrictions Deed Restrictions

Acceptable Financing Cash, Conventional, Texas Vet, USDA Loan, VA Loan

Tax Rate 1.6122

Listing Terms Cash, Conventional, Texas Vet, USDA Loan, VA Loan

Special Listing Condition Standard

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Listed by Keller Williams Realty
Bought with Keller Williams Realty
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