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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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2703 Wheless Ln , Austin, TX 78723
$599,000
Est. Payment: $3,008.10/mo
3 Bed
1 Bath
1406 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House 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.
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Highlights

Listed by Naila Ismail , (512) 422-4653 JPAR Austin , (800) 683-5651. Austin MLS mls logo

Property Type

Residential
Lot/Acreage
0.48

Year Built

1947

County

Travis

Area

3

 Neighborhood

Thomas Eldridge

 School District

Austin ISD

Listing ID

7840056

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:See Remarks
Floor:Tile
Other:See Remarks
Other:Public

Exterior Features

Lot:City Lot,Level,Few Trees
Lot Dimensions:86.41' x 243.20'
Roof:Shingle
Others:See Remarks,Tear Down / Value in Land
Sewer:Public Sewer
Parking Features:Gravel,Kitchen Level,Open,Outside
Principal Interest
$3,008
Taxes
$779

Home Price

$599,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,008.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,008.10 $778.51 $0.00 $3,786.61
Yearly $36,097.20 $9,342.13 $0.00 $45,439.33
Total $1,082,916.12 $280,263.90 $0.00 $1,363,180.02

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated: 2026-07-17T17:20:59.000Z

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