Austin · Thomas Gardens Sec 01
$575,000 143 days on market
3308 Montopolis Dr, Austin, TX 78744
- 3bedrooms
- 1bathrooms
- 1,196sqft
- 0.32acres
- 1965year built
About this home
$100K+ INSTANT EQUITY | 0.31-ACRE RE-DEVELOPMENT PLAY | 78744 HOT ZONE
THE NUMBERS: Strategic acquisition opportunity priced at over $100,000 BELOW the current 2025 Tax Appraisal ($694,727). This is a high-margin “Buy & Build” or “Buy & Hold” play in one of Austin’s most aggressive growth corridors.
DEVELOPMENT POTENTIAL: This massive 13,730 sq. ft. level lot (approx. 63′ x 218′) is a prime candidate for Austin’s HOME Initiative.
Density: SF-3-NP zoning supports up to 3 units by-right (triplex or primary + ADUs).
Small Lot Infill: Potential for subdivision under Phase 2 rules (Buyer to verify).
Commercial Upside: Property fronts a major collector road with high visibility, positioning it for potential future rezoning to commercial/mixed-use as the Montopolis corridor densifies.
LOCATION ALPHA: Directly across from the high-traffic Radio East Coffee & Live Music development. Immediate access to Hwy 71, minutes to ABIA, and the Tesla Gigafactory corridor.
CONDITION: The existing 1,196 sq. ft. structure is a shell/teardown. Value is strictly in the land and the strategic location. Sold AS-IS.
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1965
- Lot size
- 0.32 acres
- Subdivision
- Thomas Gardens Sec 01
- MLS #
- ACT3560183
Inside
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,196 sqft
Schools
- Elementary
- Smith
- High school
- Del Valle
- District
- Del Valle ISD
Costs
- Est. annual taxes
- $2,297 (2025)
Listing
- First listed
- Mar 6, 2026
- Days listed
- 143
- Status
- Active
Listed by Matthew Hoyt, Res and Ranch LLC · [email protected] · MLS# ACT3560183 · Active
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