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Keenan Group#1 Austin Board of Realtors Team 2024
4640 Marlo DR, photo 1 of 5, Austin, Austin, TX
Active

$245,000

0.18 acresLot

4640 Marlo Dr, Austin, TX 78723

Reduced 22%$315,000
Austin·MLS# 3633562·150 days on market

— bed, — bath on 0.18 acres in Austin. Austin, TX 78723. $245,000. Austin ISD.

About This Home

Exceptional Central Austin development opportunity on a beautifully wooded and gently sloped lot in highly desirable 78723. Tucked into a quiet, secluded-feeling pocket surrounded by mature trees and natural surroundings, while still offering quick access to Mueller (only 5 minutes to Mueller HEB and parks!), Downtown, UT, the airport, restaurants, shopping, and major roadways.

Utilities available at the street including water/wastewater, electric, and gas (buyer to verify). Current regulations may allow up to 3 residential units (buyer to independently verify all zoning, development, subdivision, utility, and building requirements with the City of Austin).

Excellent opportunity for builders, investors, or buyers seeking a rare infill lot with strong development potential in one of Austin’s most rapidly evolving and desirable central neighborhoods.

Property Type
Land
Lot Size
0.18 acres

Listing information last updated September 11, 2026.

Listed by Tina Barrett, Broker

MLS# 3633562 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

City Lot
Gentle Sloping
Public Maintained Road
Trees-Medium (20 Ft - 40 Ft)
Trees-Moderate
Utilities available at the street including water/wastewater, electric, and gas (buyer to verify)

Facts & Features

Exterior & Lot

Lot Features

  • City Lot
  • Gentle Sloping
  • Public Maintained Road
  • Trees-Medium (20 Ft - 40 Ft)
  • Trees-Moderate
Lot Size
0.18 Acres
Financial
Original List Price
$315,000
Utilities
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 4640 Marlo DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $245,000Original list: $275,000MLS 3633562
    1. Listed · May 18, 2026$275,000
    2. Price changed · September 11, 2026$245,000

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.

View Timeline
Current list
$245,000
Original list
$315,000
Price movement
$70K reduction
Listed / DOM
May 18, 2026 · 150 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$201,770
Assessment Year
2025
Parcel ID
000000967953
YearTaxesTotal AssessmentLandAdditions
2025
—$201,770$201,770—
Map showing 4640 Marlo DR
4640 Marlo DR
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Northeast Early College

High SchoolGrades 9-12Zoned assignment

Lamar

Middle SchoolGrades 6-8Zoned assignment

Blanton

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$1,357

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($49K)

Adjustable assumption - not a lending recommendation.

$245,000

Loan: $196K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$245,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

150 days

Original to current

$70K reduction

$315K 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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Verified property facts

Frequently Asked Questions

What school district is 4640 Marlo Dr in?

4640 Marlo Dr 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.

What are the property taxes for 4640 Marlo Dr?

The most recent annual property tax for 4640 Marlo Dr is $4,129. 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.

How should a buyer estimate the monthly payment for 4640 Marlo Dr?

This page does not assume a mortgage rate or publish a monthly payment for 4640 Marlo Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 4640 Marlo Dr compare with other homes in Austin?

As of Oct 15, 2026, 4640 Marlo Dr is offered at $245,000. The current MLS snapshot shows 89 active listings in 78723. Keenan Group has completed 21 verified transactions in 78723 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 7:32:07 AM. 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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Last updated: 10/15/2026, 7:32:07 AM

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