2703 Wheless Ln

Austin, TX 78723

About this property

This almost half acre property is being marketed as a tear down. A new 4" sewer line from the house to the street has been installed in Aug/Sept 2025 for $30,000 with full permits, which will save on development cost. According to the City of Austin's HOME initiative property code changes, 'small lot single-family residential use' allows for development on lots as small as 1800 ft. The highest and best use of this property might be to subdivide it into two 10,000SF+ lots and build multiple units on each lot, or build multiple units on the whole almost half acre property. There is no tree survey available, but most of the trees are on the periphery of the lot and the center part of the lot which would be the buildable area is clear and flat. There is a lot of new development in this area and it is very desirable due to proximity to Downtown as well as UT Austin.

About this property

This almost half acre property is being marketed as a tear down. A new 4" sewer line from the house to the street has been installed in Aug/Sept 2025 for $30,000 with full permits, which will save on development cost. According to the City of Austin's HOME initiative property code changes, 'small lot single-family residential use' allows for development on lots as small as 1800 ft. The highest and best use of this property might be to subdivide it into two 10,000SF+ lots and build multiple units on each lot, or build multiple units on the whole almost half acre property. There is no tree survey available, but most of the trees are on the periphery of the lot and the center part of the lot which would be the buildable area is clear and flat. There is a lot of new development in this area and it is very desirable due to proximity to Downtown as well as UT Austin.

Features and Additional Information

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$599,000 Active
3 Bed(s)
1
Bath
1,406 sqft

Presented By Coldwell Banker Commercial Gateway

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JPAR Austin
1-800-683-5651
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Area Information

3 | Travis County | Thomas Eldridge

$ 599,000
This listing is play_arrow 0.0% lower than the average in the area
$ 599,000 in the area
1,406 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,406 SqFt in the area
$ 426 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 426 $/SqFt in the area
72 days on site
This listing is play_arrow 0.0% below the average in the area
72 days on site in the area

Schools in the Area

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    Elementary School
    Blanton
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    Middle School
    Lamar (Austin ISD)
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    High School
    Northeast Early College

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Listed By Naila Ismail
Brokerage: JPAR Austin

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