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Days409Days on Market
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$384,999

911 Penion DR, Austin, TX, 78748

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesNone
Lot Size1.75 acres

Land Information

APN04361903020000
Lot Number5B
SubdivisionSlaughter Creek Acres
Land UseResidential
Legal DescriptionLOT 5B *RESUB OF LOT 5 BLK E SLAUGHTER CREEK ACRES S#TK1337HS0702A/B
Census Tract002438
Assessed Land Value$175,000
Assessment Year2025

About this property

This 1.75-acre development opportunity is located just 15 minutes from downtown Austin, Texas. With easy access to Highway 35, the site is both highly accessible and positioned near a variety of amenities, including dining, shopping, and recreational options. Located within the ETJ, without zoning restrictions, the property offers flexible development potential to suit a range of uses.

Investor Tools

$0Estimated Mortgage Balance
$371,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Marilyn Joyce

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,807
$175,000
2025
$175,000
N/A
$175,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,807
$175,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
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.

Explore Texas Explore This Area
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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911 Penion DR | Property Details | No Agent List