$799,999
↓ $700K (46.7%)
●
Land -
For Sale
1401 Mooreland DR
Austin, TX 78748
Studio
0 Bath
$3,929
Est. Monthly
About This Property
Extremely buildable and level lot available in prime area of South
Austin! This rare undeveloped lot is located at the busy
intersection of Frate Barker/Menchaca Rd., and while currently
zoned residential, this property poses great opportunity for future
general retail commercial development. Be a part of the up and
coming entertainment district with neighbors like Lustre Pearl,
Brick's Pub, SABG, Moontower and many others! Nearby neighborhoods:
Morningside, Smithville Condominiums, and Olympic Heights and Ranch
Alto. This property is located within the City of Austin and is not
within a flood plain or recharge zone (per property profile report
by City). Electricity provided by PEC is on-site. Access to
water/wastewater from City of Austin. Property is currently fully
fenced. Easy access to IH-35, 1626 and the 45 toll. Don't miss this
unique opportunity to invest in the hottest growing area of Austin!
Unit Size
-
Days on Market
-
Land Size
0.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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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: 2 years ago (Unlock MLS #ACT3587552)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2025 | Price Decreased |
$799,999
↓ $700K
(46.7%) | |
| Price Decreased | |||
| Nov 21, 2024 | Price Decreased |
$1,499,999
↓ $495K
(24.8%) | |
| Price Decreased | |||
| Aug 15, 2024 | Listed by Coffman Real Estate | $1,995,000 | |
| Listed by Coffman Real Estate | |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 26, 2024 | Price Decreased |
$1,995,000
↓ $505K
(20.2%) | |
| Price Decreased | |||
Show More
Property Highlights
With View
Interior Details
Interior Features: High Speed Internet
Exterior Details
Property Condition: See Remarks
Waterfront Features: None
Other Structures: RV/Boat Storage
Lot Features: City Lot, Corner Lot, Level, Open Lot, Public Maintained Road
Lot Size Area: 34760.88
Lot Size Units: Square Feet
Lot Size Acres: 0.798
Lot Size Square Feet: 34760.88
Water Source: Public, See Remarks
Financial Details
Tax Assessed Value: $417,988
Utilities Details
Sewer : Public Sewer, See Remarks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mooreland
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Currently no similar homes aroundNearby Rentals
Listed by: Candace Fernandez
Listed Office: Coffman Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 894-4043
Last Updated: 2025-05-11 04:22:00
Data Source: Unlock MLS, MLS# ACT3587552
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Coffman Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 894-4043
Last Updated: 2025-05-11 04:22:00
Data Source: Unlock MLS, MLS# ACT3587552
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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