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$961,000

NAL Estimated Property Value

4306 Banister LN, Austin, TX, 78745

SoldInfo
7/31/26
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,741 sqft

Land Information

APN04091002080000
Lot Number8
SubdivisionBanister Acres
Land UseResidential
Legal DescriptionLOT 8 BLK 2 BANISTER ACRES
Census Tract002002
Assessed Land Value$420,000
Assessment Year2025

About this property

One of the last unimproved SF-3 lots of this size along the Banister corridor. 4306 Banister Ln offers approximately 21,483 square feet of flat, cleared land with direct street frontage and no existing structure to demolish or work around. This property presents multiple potential paths to value. Under existing SF-3 development standards, the lot may support a two-lot subdivision. Recent City of Austin HOME amendments may provide additional flexibility for a three-lot configuration, and may also allow up to three residential units on an SF-zoned lot, subject to applicable code, access, utilities, and City approval. Buyer to independently verify all subdivision potential, permitted uses, deed restrictions, and development standards with the City of Austin Development Services Department prior to closing. The Banister corridor continues to experience strong infill and new construction activity, with multiple builders active nearby and recent land sales, active listings, and closings supporting continued developer interest in this submarket. The property is well-positioned for residential redevelopment in an area where demand remains strong for thoughtfully designed infill product. Conveniently located with quick access to US-290/Ben White, St. David’s South Austin Medical Center, South Congress, South Lamar, and Downtown Austin. Commercial adjacency to the west may provide a natural buffer that could benefit certain site plans and development configurations. All development scenarios are presented as potential opportunities only. Buyer to independently verify lot dimensions, zoning, subdivision feasibility, permitted uses, utility availability, development standards, deed restrictions, and all applicable City of Austin regulations, including HOME amendments.

Investor Tools

Property Icon
$961,000
Estimated Property Value
$0Estimated Mortgage Balance
$961,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,766 /month
Positive
Cash Flow Estimate:
$1,922 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$420,000
2025
$420,000
N/A
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$420,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$961,000
100%
0%
$0/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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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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4306 Banister LN | Property Details | No Agent List