4306 BANISTER LANE, AUSTIN, TX 78745

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Homes for sale in 78745.


Active

List Price$800,000

4306 Banister Lane

Austin, TX 78745

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Listing #2942677

Lots / Land

Type

About This Property

One of the last unimproved SF-3 lots of this size along the Banister corridor. 4306 Banister Ln offers approximately 21,483 square feet of flat, cleared land with direct street frontage and no existing structure to demolish or work around. This property presents multiple potential paths to value. Under existing SF-3 development standards, the lot may support a two-lot subdivision. Recent City of Austin HOME amendments may provide additional flexibility for a three-lot configuration, and may also allow up to three residential units on an SF-zoned lot, subject to applicable code, access, utilities, and City approval. Buyer to independently verify all subdivision potential, permitted uses, deed restrictions, and development standards with the City of Austin Development Services Department prior to closing. The Banister corridor continues to experience strong infill and new construction activity, with multiple builders active nearby and recent land sales, active listings, and closings supporting continued developer interest in this submarket. The property is well-positioned for residential redevelopment in an area where demand remains strong for thoughtfully designed infill product. Conveniently located with quick access to US-290/Ben White, St. David's South Austin Medical Center, South Congress, South Lamar, and Downtown Austin. Commercial adjacency to the west may provide a natural buffer that could benefit certain site plans and development configurations. All development scenarios are presented as potential opportunities only. Buyer to independently verify lot dimensions, zoning, subdivision feasibility, permitted uses, utility availability, development standards, deed restrictions, and all applicable City of Austin regulations, including HOME amendments.

Property Features

Location Information

County

Travis

Subdivision

Banister Acres

County

Travis

Directions

From I-35 South, take the exit for W Ben White Blvd/TX-71 West toward S First St/Banister Ln. Continue on the Ben White service road, then turn left onto Banister Ln. The property will be on your right.

Area

10N

Exterior Features

Is New Construction

No

Dimensions

101 X 210

Possession

Closing & Funding, Close Of Escrow

Zoning

SF-3

Water / Sewer

Public Sewer

Waterfront Description

None

Water

Public

Has Waterfront

No

Topography

Level

School

Elementary School District

Austin ISD

Middle School

Covington

Elementary School

Joslin

High School

Crockett

Additional Information

Other Utilities

See Remarks

APN

0409100208

Property Type

LL

Status

Active

Property SubType

Unimproved Land

Documents Available

Aerial, See Remarks

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Mortgage Calculator

$3,734

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,882

Monthly Tax

$666

Monthly Insurance

$186

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

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