— bed, — bath on 4.72 acres in Austin. Austin, TX 78748. $2,250,000. Austin ISD.
About This Home
Property currently has a commercial workshop for making high-end Kaleidoscopes by the owner. The lower portion of the property is in a flood plain (see Survey) Approx. 2.65 acres is above the flood plain. Property was annexed by the city just a few years ago and is currently zoned I-RR which we are told is a placeholder zoning that will be need to changed by any subsequent purchaser to suit their needs. This will require going through the normal city channels to establish suitable zoning. Please call agent with any questions or to arrange a showing.
Roughly 2.65 acres above the flood plain make 10731 Menchaca Rd one of the more usable large tracts currently on the market in this part of South Austin. 10731 Menchaca Rd sits in the Austin area of Austin, TX 78748 and is priced at $2.25 million, or about $476,700 per acre for 4.72 acres of Land - Unimproved Land in Travis County.
The value here is in the land, the frontage on Menchaca Road, and the long-term potential. This is not a plug-and-play homesite, and that is exactly why the right buyer will look past the surface details. The property was annexed into the City of Austin a few years ago and is currently zoned I-RR, which functions as placeholder zoning. Any future owner should expect to work through normal City of Austin channels to secure zoning that matches the intended use. The lower portion of the tract is in the flood plain, so the survey matters, but the upland area still gives you a meaningful section to evaluate for future planning. There is a workshop on site today, yet the listing is being treated as unimproved land, with no residential square footage, bedroom count, bathroom count, or year built reported.
From a location standpoint, this address puts you near FM 1626, Old Manchaca Road, South 1st Street, and SH 45. That matters because this stretch of Menchaca Road connects quickly to daily South Austin needs without feeling boxed in. Southpark Meadows is the closest major retail anchor for groceries, restaurants, and services, and Mary Moore Searight Metro Park adds real outdoor access with trails and open space nearby. Buyers who know this corridor understand the difference between being far out and being south. This address is south, but still connected.
The property is in Austin ISD and assigned to Menchaca Elementary, Bailey Middle, and Akins High. Menchaca Elementary on West FM 1626 carries a 2024-2025 Texas accountability rating of D. Bailey Middle on Lost Oasis Hollow holds a C. Akins High on South 1st Street also holds a C and posted a 92.3 percent four-year graduation rate in the latest public data. Those are useful facts for anyone weighing future land use with the school path attached to the address.
With 1201 days on market, this is clearly not commodity land. It is a tract for a buyer who understands zoning, flood plain review, and the value of controlling acreage on Menchaca Road as South Austin keeps moving this direction.
The numbers behind this insight
- Offered at
- $2,250,000
- Listed
- December 1, 2022
- Price changes
- Reduced, down 23.7% from $2,950,000
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (379 sales), as of October 15, 2026.
- Property Type
- Land
- Lot Size
- 4.72 acres
Listing information last updated March 16, 2026.
Listed by Zilker Properties of Austin
MLS# 3391461 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Bluff
- Irregular Lot
- Native Plants
- Sloped Down
- Trees-Heavy
- Lot Size
- 4.72 Acres
Financial
- Original List Price
- $2,950,000
Utilities
- Electricity Connected
- Water Available
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 10731 Menchaca Rd, whoever represented it.
- ActiveListed 2022Current price: $2,250,000Original list: $2,950,000MLS 3391461
- Price changed · March 16, 2026$2,250,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,250,000
- Original list
- $2,950,000
- Price movement
- $700K reduction
- Listed / DOM
- Dec 1, 2022 · 1,415 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,083,814
- Assessment Year
- 2025
- Year Built
- 1975
- Parcel ID
- 000000348165
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-5.1% | — | $1,083,814 | $925,214 | $158,600 |
2024+6.5% | — | $1,141,900 | $925,214 | $158,600 |
2023+86.0% | — | $1,072,454 | $925,214 | $216,686 |
2022+13.3% | — | $576,603 | $925,214 | $147,240 |
2021 | — | $509,072 | $411,207 | $165,396 |
Zoned Schools
Akins
Bailey
Menchaca
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($450K)
Adjustable assumption - not a lending recommendation.
$2,250,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,250,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,415 days
Original to current
$700K reduction
$3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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