
— bed, — bath on 0.29 acres in Culp. Austin, TX 78741. $650,000.
Prime Riverside Development Opportunity – GR Zoning | SB-840 Eligible | 5 Stories Allowed Exceptional development opportunity near the rapidly evolving Riverside Drive corridor. This GR-zoned corner lot, currently eligible under SB-840, allows for a streamlined residential up to 5 stories permitted under existing code , with no residential setbacks and no neighborhood plan restrictions with 4 units that could be developed by right and. The site also offers flexibility for commercial or mixed-use development, giving builders and investors multiple exit strategies. Two adjacent attached residential parcels provide an expanded footprint and may be candidates for rezoning(separate listings), creating the potential for a larger, higher-density project. Ability to purchase additional parcels Situated within one of Austin’s most transformative growth corridors, the property is surrounded by major developments such as Oracle’s corporate campus approximately 1.7 miles away and multiple high-density mixed use projects reshaping East Riverside. The site sits near the proposed Montopolis ETOD (Equitable Transit-Oriented Development) area and the future Project Connect Montopolis train station, positioning this property for long term appreciation as transit oriented redevelopment accelerates. Featuring excellent visibility, strong traffic counts, and immediate access to major arterials, this location is ideally suited for forward-thinking residential or mixed-use development. A rare opportunity to secure a flexible, high-growth infill site in the path of massive redevelopment. Broker/Owner
Verified property facts
1600 Montopolis DR is listed at $650,000 with 0 bedrooms, 0.29-acre lot. This places it above the ZIP 78741 single-family closed-sale median price of $370,000 (ZIP 78741 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
1600 Montopolis DR is a Commercial Sale built in 1800 featuring 0 bedrooms, 0.29-acre lot.
1600 Montopolis DR is listed by 3rd Angle Realty LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 26, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 1600 Montopolis DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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3 records on file
Every recorded listing, sale, and lease at 1600 Montopolis DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.0% | — | $178,752 | $178,752 | — |
2021 | — | $178,752 | $178,752 | — |
20% ($130K)
Adjustable assumption - not a lending recommendation.
$650,000
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A sourced read on Culp pricing, timing, and property scale. No automated valuation claim.
List price
$650,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
256 days
Original to current
$175K reduction
$825K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 26, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 26, 2026, 1600 Montopolis DR is offered at $650,000. The current MLS snapshot shows 37 active listings in 78741. Keenan Group has completed 6 verified transactions in 78741 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1600 Montopolis DR was built in 1800 (226 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Somewhat Walkable
Some Transit
Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
5 events on record
Current Price
$650,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
| — |
| $178,752 |
| $178,752 |
| — |
2021 | — | $178,752 | $178,752 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 1505 Summit ST | $820K |
| 1101 Grove BLVD Unit #306 | $363K |
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