2703 Wheless LnAustin, TX 78723

Description

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1947

Living area

1,406 Sq Ft

Lot size

0.48 acres

Lot dimensions

86.41' x 243.20'

Parking spaces

4

Ownership

Fee-Simple

Days on market

105

MLS^® Listing#

7840056

Property Features

Interior

See Remarks

Heating

See Remarks

Flooring

Tile

Pool

None

Parking

Gravel · Kitchen Level · Open · Outside

Laundry

Inside

Patio

See Remarks

Fencing

Privacy

Lot features

City Lot · Few Trees · Level

Construction

See Remarks

Foundation

Slab

Roof

Shingle

Security

See Remarks

Other structures

Shed(s) · Storage

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Underground Utilities · Water Connected

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Blanton

Middle

Lamar (Austin ISD)

High

Northeast Early College

Financial Details

HOA

None

Annual taxes

$9,342Tax year 2025

Assessed value

$471,393

Parcel number

02222101130000

Directions

From Manor Rd to Wheless Rd. Property is on the left.