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$4,200,000

1601 Kramer Ln, Austin, TX, 78758

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths3,092 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$282.99 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size2.07 acres

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APN02491501200000
Lot Number4B
SubdivisionMac Mor Acres
Land UseCommercial
Legal DescriptionLOT 4B RESUB OF LOT 4 BLK A MAC MOR ACRES
Census Tract040800
Assessed Land Value$514,140
Assessed Improvement Value$419,500
Assessment Year2025

About this property

37 units approved. Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1601 Kramer Ln, a premier 2.07-acre development site that is fully site-plan approved for 37 residential units. Located less than two miles from The Domain and Q2 Stadium, this shovel-ready project offers a significant competitive advantage. By delivering the site with all entitlements in place, the buyer bypasses the substantial costs, labor, and significant time required for city approvals. This is a rare, de-risked opportunity to capitalize on Austin’s high-demand infill market with immediate speed-to-market.

Investor Tools

$0Estimated Mortgage Balance
$933,640Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$25,200 /month
Positive
Cash Flow Estimate:
$8,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,055/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,994
$933,640
2025
$514,140
$419,500
$933,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,994
$933,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$933,640
100%
0%
$0/mo

City: Austin