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Keenan Group#1 Austin Board of Realtors Team 2024
. Ledesma RD, photo 1 of 4, Austin, Austin, TX
Active

$1,195,000

1.18 acresLot

. Ledesma Rd, Austin, TX 78721

Austin·MLS# 8811043·76 days on market

— bed, — bath on 1.18 acres in Austin. Austin, TX 78721. $1,195,000. Austin ISD.

About This Home

Prime development opportunity in East Austin with an approved site plan for six buildable lots totaling 12 residential units, across approximately 1.2 acres.

Building plans are currently in the final stages of the City of Austin permitting process and are expected to by end of September. They were designed by Local architect group Kipp Flores. The project will be delivered with the approved building plans, allowing a buyer to bypass an estimated 5–6 months of permitting, design costs, structural costs, and additional interest carry. Allowing an expedited process to the spring market of 2027.

Horizontal construction can begin immediately under the existing approved site plan, allowing development to move forward with horizontal work while the building permits are finalized.

Located less than one mile from Springdale Green and Springdale General and approximately 14 minutes from Downtown Austin, the property sits in an area experiencing significant continued investment and redevelopment.

With much of the entitlement, design, and permitting work already completed, a developer has the ability to step in, begin construction immediately, and potentially deliver finished homes in approximately 8–9 months, positioning the project for the upcoming spring selling season.

A rare opportunity to acquire a substantially de-risked East Austin development with 12 units, approved site planning, near-complete building permits, and the ability to break ground immediately. An entry level price point for homes sub $700,000, which cannot be found in east Austin any more and will have a high demand for new construction, filling this void.

Property Type
Land
Lot Size
1.18 acres

Listing information last updated September 9, 2026.

Listed by 3rd Angle Realty LLC

MLS# 8811043 • Active

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

Highlights

Generous 1.18-acre lot
Subdivided
They were designed by Local architect group Kipp Flores
Allowing an expedited process to the spring market of 2027

Facts & Features

Exterior & Lot

Lot Features

  • Subdivided
Lot Size
1.18 Acres
Financial
Original List Price
$1,195,000
Utilities
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at . Ledesma RD, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,195,000Original list: $1,195,000MLS 8811043

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
$1,195,000
Original list
$1,195,000
Price movement
No verified reduction
Listed / DOM
Aug 20, 2026 · 76 days
Map showing . Ledesma RD
. Ledesma RD
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Eastside Early College

High SchoolGrades 9-12Zoned assignment

Martin

Middle SchoolGrades 6-8Zoned assignment

Ortega

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
$6,515

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

Illustrative down payment

20% ($239K)

Adjustable assumption - not a lending recommendation.

Home price

$1,195,000

Loan: $956K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

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

List price

$1,195,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

76 days

Original to current

No verified reduction

$1.2M 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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More sales nearby

Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is . Ledesma Rd?

. Ledesma Rd is listed at $1,195,000 with 0 bedrooms, 1.18-acre lot. This places it above the ZIP 78721 single-family closed-sale median price of $465,000 (ZIP 78721 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 3, 2026).

What school district is . Ledesma Rd in?

. Ledesma Rd is zoned for Austin ISD with assigned schools: Ortega (elementary), Martin (middle), Eastside Early College (high). School assignments should be verified directly with the district.

How should a buyer estimate the monthly payment for . Ledesma Rd?

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

How does . Ledesma Rd compare with other homes in Austin?

As of Oct 15, 2026, . Ledesma Rd is offered at $1,195,000. The current MLS snapshot shows 53 active listings in 78721. Keenan Group has completed 5 verified transactions in 78721 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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Unlock MLSMLS GRID

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, 6:07:39 PM. 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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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/15/2026, 6:07:39 PM

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