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Austin · Thomas Gardens Sec 01

$575,000 63 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
63
Status
Active

Listed by Matthew Hoyt, Res and Ranch LLC · [email protected] · MLS# ACT3560183 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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