$300,000
●
Land -
Off Market
1135 Saucedo ST
Austin, TX 78721
Studio
0 Bath
$1,991
Est. Monthly
About This Property
Prime opportunity in East Austin's Springdale neighborhood with
this .237-acre SF-3-NP zoned lot, now eligible for up to three
units under the City of Austin's HOME initiative. Build a
single-family residence, duplex, or add an ADU-ideal for investors,
builders, or future homeowners looking to maximize potential.
This lot features level topography, an existing survey, and is bordered on one side by a city-owned wildflower meadow, offering added privacy and natural buffer. Situated at the end of a quiet cul-de-sac, it's surrounded by both modern infill construction and long-standing neighborhood character.
Utilities at the street-buyer to verify all development potential with the City of Austin.
Located just minutes from Springdale General, Givens Park, Airport Blvd, and less than 10 minutes to downtown. Buyer and buyer's agent to independently verify all information including zoning, development potential, building requirements, utilities, floodplain status, tree restrictions, and all City of Austin regulations. Listing broker and seller make no guarantees regarding development opportunities.
This lot features level topography, an existing survey, and is bordered on one side by a city-owned wildflower meadow, offering added privacy and natural buffer. Situated at the end of a quiet cul-de-sac, it's surrounded by both modern infill construction and long-standing neighborhood character.
Utilities at the street-buyer to verify all development potential with the City of Austin.
Located just minutes from Springdale General, Givens Park, Airport Blvd, and less than 10 minutes to downtown. Buyer and buyer's agent to independently verify all information including zoning, development potential, building requirements, utilities, floodplain status, tree restrictions, and all City of Austin regulations. Listing broker and seller make no guarantees regarding development opportunities.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$518
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Unlock MLS #ACT9539110)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 3, 2025 | Listed by eXp Realty, LLC | $300,000 | |
| Listed by eXp Realty, LLC | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Price Decreased |
$271,900
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Aug 21, 2024 | Price Decreased |
$272,900
↓ $1K
(0.4%) | |
| Price Decreased | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East MLK
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Listed by: Brennan Stravlo
Listed Office: eXp Realty, LLC - Listing courtesy of Unlock MLS
Phone: (888) 519-7431
Last Updated: 2026-09-01 04:09:10
Data Source: Unlock MLS, MLS# ACT9539110
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: eXp Realty, LLC - Listing courtesy of Unlock MLS
Phone: (888) 519-7431
Last Updated: 2026-09-01 04:09:10
Data Source: Unlock MLS, MLS# ACT9539110
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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