#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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 Type
Residential
Year Built
1947
Lot Size
0.48 acres
$/Sq Ft
$426
Listed by JPAR Austin
Property Details
Flooring
Lot Features
Fencing
Foundation
Parking
2 records on file
Verified property facts
2703 Wheless LN is listed at $599,000 with 3 bedrooms, 1 full bathrooms, 1,406 square feet, 0.48-acre lot. This places it above the ZIP 78723 single-family closed-sale median price of $550,000 (ZIP 78723 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
2703 Wheless LN is zoned for Austin ISD with assigned schools: Blanton (elementary), Lamar (Austin ISD) (middle), Northeast Early College (high). School assignments should be verified directly with the district.
2703 Wheless LN is a Residential built in 1947 featuring 3 bedrooms, 1 full bathrooms, 1,406 square feet, 0.48-acre lot.
2703 Wheless LN is listed by JPAR Austin. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 2703 Wheless LN is $9,342. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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Every recorded listing, sale, and lease at 2703 Wheless LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed 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 |
|---|---|---|---|---|
2025-4.4% | — | $504,710 | — | — |
2024-10.0% | — | $528,148 | $420,000 | $135,335 |
2023+51.2% | — | $586,739 | $420,000 | $108,148 |
2022 | — | $388,138 | $420,000 | $166,739 |
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.
20% ($120K)
Adjustable assumption - not a lending recommendation.
$599,000
Luxury property intelligence
A sourced read on Thomas Eldridge pricing, timing, and property scale. No automated valuation claim.
List price
$599,000
Price per sqft
$426/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
82 days
Original to current
No verified reduction
$599K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 2703 Wheless LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 2703 Wheless LN is offered at $599,000. The current MLS snapshot shows 90 active listings in 78723. Keenan Group has completed 19 verified transactions in 78723 within its 1,000+ completed transactions and $1B+ career volume across Austin.
2703 Wheless LN was built in 1947 (79 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.
6 events on record
Current Price
$599,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-4.4% | — | $504,710 | — | — |
2024-10.0% | — | $528,148 | $420,000 | $135,335 |
2023+51.2% | — | $586,739 | $420,000 | $108,148 |
2022 | — | $388,138 | $420,000 | $166,739 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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