4306 BANISTER LANE, AUSTIN, TX 78745
Homes for sale in Austin.
Homes for sale in 78745.
List Price$800,000
4306 Banister Lane
Austin, TX 78745
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
Similar Listings
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
Walk Score
Real Estate IDX Powered by iHomefinder