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Days348Days on Market
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$350,000

3116 East Dr, Austin, TX, 78702

On MarketInfo

Exterior

Lot Size4,992 sqft

Building Information

Year Built2005

Land Information

APN02101511090000
Lot Number9
SubdivisionMckinley Heights
Land UseResidential
Legal DescriptionLOT 9 BLK 2 OLT 26 DIV B MCKINLEY HEIGHTS
Census Tract000601
Assessed Land Value$147,480
Assessed Improvement Value$1,868
Assessment Year2025

About this property

A “city lot” in Central East Austin is more than just a piece of land; it’s a chapter in a neighborhood’s evolving story. Nestled at the crossroads of rich history and exciting renewal, this lot is just steps away from iconic cultural landmarks on East 11th, cozy cafés, historic sites, and vibrant new developments. Modest in size, with characteristic East Austin clay soil and mature trees, it offers remarkable potential, an urban canvas ready for your vision in a community embracing thoughtful change. Ideal for infill projects like studios, townhomes, duplexes, or boutique apartment buildings, this lot provides an opportunity to add density while maintaining the neighborhood’s unique street-level charm. Feel free to explore the property, the lot extends beyond the wooden fence and measures approximately 45’ x 110’. What a perfect spot to build your next home! #EastAustin #Infill #Austin #VacantLot #Land

Investor Tools

$0Estimated Mortgage Balance
$396,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

Interested in this property?

Socar Chatmon

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$972
$149,348
2025
$147,480
$1,868
$149,348
No

Tax History

Year
Tax Paid
Assessed Value
2024
$972
$149,348

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$396,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

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Explore

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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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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3116 East Dr | Property Details | No Agent List