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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
This property has sold on June 27, 2024. Looking for something similar? Contact us or browse available homes.
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$1,800,000
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The land development opportunity at 2414 Drew Ln, South Austin presents one of a kind of investment into a shovel-ready project, with options to build and sell, or to build a townhome rental community in a popular neighborhood in Austin. The land is conveniently located, with easy access to highways, parks, and major business areas. The Seller, Fortunate Foundations, is an experienced local builder and is open to the option to construct the development as a contractor for the buyer. The property at 2414 Drew Ln was successfully rezoned from a rural district zoning to SF-3 single family residential zoning in 2021. The property has been subdivided into 10 individual lots. Civil engineering drawings have been finalized for grading & drainage, driveways and utilities, and water quality & detention ponds. Pending completion of the architectural design of individual homes, this project is ready for the submission of building permit applications.
Property Type
Commercial Sale
Year Built
2024
Lot Size
2.40 acres
Listed by Keller Williams Realty
Property Details
Verified property facts
2414 Drew Ln is listed at $1,800,000 with 0 bedrooms, 2.40-acre lot. This places it above the 78748 median of $430,000.
2414 Drew Ln is a Commercial Sale built in 2024 featuring 0 bedrooms, 2.40-acre lot.
2414 Drew Ln is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($360,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2414 Drew Ln is around $12,640 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,800,000, 2414 Drew Ln is in the Drew Lane Add market where there are currently 118 active listings in 78748. The Keenan Group has completed 24 transactions in 78748 as part of 1,000+ career sales totaling $1B+ across Austin.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($360K)
$1,800,000
Luxury property intelligence
A sourced read on Drew Lane Add pricing, timing, and property scale. No automated valuation claim.
List price
$1,800,000
Price per sqft
Not available
Vs. Drew Lane Add median
Not available
Days on market
1,068 days
Original to current
$700K reduction
$2.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Mar 26, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$1,200,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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