194Days on Market

1view

$375,000

12802 Thomas ST, Austin, TX, 78732

On Market

0 Bath

Unimproved Land

Highlights

Interior

Bathrooms 0

Exterior

Lot Size9,810 sqft

Land Information

APN01524405190000

Lot Number118

SubdivisionHughes Park Lake Subd 1

Land UseResidential

Legal DescriptionLOT 118 HUGHES PARK LAKE SUBD 1

Census Tract035800

Assessed Land Value$280,947

Assessment Year2025

About this property

Build your dream home on this beautiful .225-acre lot in the coveted Hughes Park Lake subdivision, featuring panoramic views of Lake Travis and the Texas Hill Country—an ideal backdrop for custom construction. Located just one mile from the lake and directly across from Steiner Ranch, this property offers the perfect blend of seclusion and convenience. No HOA. Municipal water and electricity are available; septic needed. Zoned to highly regarded Leander ISD schools, including Steiner Ranch Elementary, Canyon Ridge Middle School, and Vandegrift High School. A rare opportunity to build in a well-established community with breathtaking views.

Investor Tools

$371,000

Estimated Property Value

$0Estimated Mortgage Balance

$228,939Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,250 /month

Positive

Cash Flow Estimate:

$750 /month

Interested in this property?

Gregory Carlson

Keller Williams Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$422/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,207

$216,000

2025

$280,947

N/A

$280,947

No

Tax History

Year

Tax Paid

Assessed Value

2024

$3,207

$216,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Purchase Money Mortgage

$153,000

No

First

Aug 5, 2022

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$142,061

$228,939

61%

38%

$918/mo

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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