Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$499,000

000000 River Oaks Drive DR, Austin, TX, 78748

On MarketInfo

About this property

Three contiguous creek-front lots in the Village of San Leanna, offered together as roughly 1.20 acres with about 399 feet of road frontage across the assemblage. All three back directly to Slaughter Creek. Getting three adjoining creek lots from a single seller is rare, and the combined tract opens options a single lot cannot: a larger custom estate, a phased build, or a small builder project. San Leanna is one of the small incorporated communities in far South Austin, keeping its own village identity separate from the City of Austin. Wide lots, mature trees, natural privacy, and bluff topography give the assemblage genuine character. Downtown Austin is roughly 20 minutes north, Austin-Bergstrom is about 20 to 25 minutes out, and the Menchaca corridor with HEB, restaurants, and everyday errands is just a few minutes away. Mopac access runs north via FM 1626. The buildable area sits toward the road frontage on each tract, set back from the creek. Travis County platting exception letters are on file, so the lots can be sold and built without re-platting. All three are in FEMA flood zone AE, which means an elevated foundation and flood insurance, standard for creek-front land. San Leanna Park CCRs run through 2030 and require Architectural Committee approval, a 1,200 sf minimum dwelling, 80 percent masonry, a 50 ft height limit, and single-family use only. OSSF (septic) required, no city sewer. Buyer to verify utilities, impervious cover limits, and building requirements. Lots also available individually at 722, 726, and 730 River Oaks.

Investor Tools

$0Estimated Mortgage Balance
$499,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Tony Elias

Volt Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Austin

000000 River Oaks Drive DR | Property Details | No Agent List