1402 Valleyridge Dr

$899,000
Price
36,154 / 0.83
Lot Size / Acres

Description

A golden opportunity for investors and developers to secure a prime 0.83-acre lot in the highly sought-after 78704 zip code, already subdivided into three SF3 lots, allowing for the development of up to nine units under the new HOME code. Strategically located just minutes from Zilker Park, Downtown Austin, South Congress, and Austin’s best dining, shopping, and entertainment, this property is situated in one of the fastest-growing and most desirable neighborhoods in the city. With Lot 22A measuring...A golden opportunity for investors and developers to secure a prime 0.83-acre lot in the highly sought-after 78704 zip code, already subdivided into three SF3 lots, allowing for the development of up to nine units under the new HOME code. Strategically located just minutes from Zilker Park, Downtown Austin, South Congress, and Austin’s best dining, shopping, and entertainment, this property is situated in one of the fastest-growing and most desirable neighborhoods in the city. With Lot 22A measuring 10,935 SQFT, Lot 22B at 10,331 SQFT, and Lot 22C at 9,573 SQFT, each lot can accommodate three units, with a total Floor Area Ratio (FAR) ranging from 6,222 SQFT to 7,107 SQFT, maximizing development potential. Whether you choose to build and sell nine luxury homes or develop high-end rental units, this opportunity offers substantial returns in a high-demand market. Adding to its appeal, the site offers unobstructed downtown Austin views, further enhancing the value of future properties. With Austin’s real estate market experiencing continued appreciation and strong buyer demand, this project presents a lucrative investment in a premium location. The listing agent is available to assist with detailed development analysis, architectural and engineering coordination, and builder selection, ensuring a seamless path from acquisition to completion. Buyer to complete all due diligence and verify all information. Don’t miss out on this rare investment opportunity in one of Austin’s most thriving areas!

Listing Agent

  1. Darsh Parikh

    Darsh Parikh

    Listing Agent

    Compass

    TREC #0734449

    darsh.parikh@compass.com

    P: (512)-593-3138

Property Details for 1402 Valleyridge Drive

Subdivision Name
South Lamar
Waterfront
No
Waterfront Description
None
Water Access Description
See Remarks
View
Neighborhood
Parcel Number
04050803440009
Tax Lot
22A, 22B, 22C
Tax Block
E
LISTING UPDATED: 09/15/2025 03:56 PM

Property Details for 1402 Valleyridge Drive

StatusActive
MLS #6541221
Days on Market88
Taxes$8,428 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multiple Parcels
Year Built-
Lot Size0.83 AC
CountyTravis County
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Virtual Tour

Building Information for 1402 Valleyridge Drive

Lot Size0.83 AC

Payment Calculator

$5,145 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,442

Property Taxes

$702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1402 Valleyridge Drive

General Information
Interior
  • Restrictions: SeeRemarks
Exterior
  • New Construction: No
  • Community Features: See Remarks
Property Information
Lot Information
  • FEMA Flood Plain: See Remarks
  • Lot Features: Level, Open Lot, Subdivided
  • Mineral Rights: SeeRemarks
  • Horse: Yes
  • Corporate Owner Allowed YN: No
  • Horse Amenities: SeeRemarks
Utilities
  • Sewer: See Remarks
  • Utilities: See Remarks
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $425,250
  • Additional Parcels: No
  • Additional Parcels Description: 04050803450000 04050803460000
  • Tax Year: 2024
  • Tax Rate: 1.91%
Showing Information
Showing Information
  • Directions: South on S Lamar, Left on Del Curto, Bend left to Lightsey, Right on Dolphin, Left on Valleyridge. Lots are in the back of the cul de sac. (3 total - side by side)

Property History for 1402 Valleyridge Drive

DateEvent & SourcePriceAppreciationLink
Sep 15, 2025

Listed (Active)

ACTRIS #6541221

$899,000
Aug 9, 2025

Withdrawn

ACTRIS #5153489

$1,250,000
Jun 15, 2025

Temporarily Off Market

ACTRIS #5153489

$1,250,000
May 29, 2025

Listed (Active)

ACTRIS #5153489

$1,250,000
Apr 18, 2025

Withdrawn

ACTRIS #4471568

$1,399,000
Feb 18, 2025

Listed (Active)

ACTRIS #4471568

$1,550,000
Jul 2, 2021

Sold

ACTRIS #9909093

May 6, 2021

Pending

ACTRIS #9909093

May 5, 2021

Pending

ACTRIS #9909093

$949,990
Nov 15, 2020

Listed (Active)

ACTRIS #9909093

$999,990
Oct 30, 1998

Sold

ACTRIS #463081

Sep 27, 1998

Pending

ACTRIS #463081

$84,965
May 6, 1998

Listed (Active)

ACTRIS #463081

$89,965
DateEvent & SourcePrice
09/15/2025

Listed (Active)

ACTRIS #6541221

$899,000
08/09/2025

Withdrawn

ACTRIS #5153489

$1,250,000
06/15/2025

Temporarily Off Market

ACTRIS #5153489

$1,250,000
05/29/2025

Listed (Active)

ACTRIS #5153489

$1,250,000
04/18/2025

Withdrawn

ACTRIS #4471568

$1,399,000
02/18/2025

Listed (Active)

ACTRIS #4471568

$1,550,000
07/02/2021

Sold

ACTRIS #9909093

05/06/2021

Pending

ACTRIS #9909093

05/05/2021

Pending

ACTRIS #9909093

$949,990
11/15/2020

Listed (Active)

ACTRIS #9909093

$999,990
10/30/1998

Sold

ACTRIS #463081

09/27/1998

Pending

ACTRIS #463081

$84,965
05/06/1998

Listed (Active)

ACTRIS #463081

$89,965

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1402 Valleyridge Drive

Taxable ValueLand$364,143Additions-Total$364,143
Tax Record2024$8,829 ($736 / month)
Home Facts
Beds0Lot Size13,952 SqFtStyleResidentialCountyTRAVISAPN04050803460000

Schools near 1402 Valleyridge Drive

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Zilker Elementary School
PublicPK to 5

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Richards School For Young Women Leaders
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1402 Valleyridge Drive is a 0.83 ac of land for sale in Austin, TX 78704. This property was listed for sale on September 15, 2025 by Compass, it's currently listed at $899,000. It has been on the market for a total of 88 days and was last sold on July 2, 2021. This listing's school district is Austin Independent School District. Nearby schools include Zilker Elementary School, O Henry Middle School and Austin High School. 1402 Valleyridge Drive is a 0-bed, 0-bath, 0.83 ac of land on a 36,154 sq. ft. / 0.83 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.