3308 Montopolis DR, Austin TX 78744

Austin, TX 78744 | Thomas Gardens

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$85,000 Ed's Estimate: $424,015 $424,015
Lowest Comp Recommended List: $416,000 to $432,000 Highest Comp

Listing History

$575,000 List Price
$266,238 Comp Value
0 Price Reductions

This property was listed at $575,000 and withdrawn after 60 days on market. This listing activity factors into the valuation.

This home was listed at $575,000 and was on the market for 60 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $424,015. Here are some factors that may have played a role: At $481/sqft, the asking price appears to have been significantly above the neighborhood average of $209/sqft. That gap that can deter buyer interest. At $481/sqft, the asking price was 130% above the area median, though there may have been upgrades or features not captured in the data. Built in 1965, this home may have faced competition from newer construction in the area priced similarly. Being built in 1965 (39 years older than comps) is factored into the value estimate. Lot size matters here: 0.32 acres versus 0.13 for the typical comp. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
3 Beds
1 Baths 1 Full
1,196 Sq Ft
0.3152 Acres
1965 Built

About This Property

$100K+ INSTANT EQUITY | 0.31-ACRE RE-DEVELOPMENT PLAY | 78744 HOT ZONE

THE NUMBERS: Strategic acquisition opportunity priced at over $100,000 BELOW the current 2025 Tax Appraisal ($694,727). This is a high-margin "Buy & Build" or "Buy & Hold" play in one of Austin’s most aggressive growth corridors.

DEVELOPMENT POTENTIAL: This massive 13,730 sq. ft. level lot (approx. 63' x 218') is a prime candidate for Austin’s HOME Initiative.

Density: SF-3-NP zoning supports up to 3 units by-right (triplex or primary + ADUs).

Small Lot Infill: Potential for subdivision under Phase 2 rules (Buyer to verify).

Commercial Upside: Property fronts a major collector road with high visibility, positioning it for potential future rezoning to commercial/mixed-use as the Montopolis corridor densifies.

LOCATION ALPHA: Directly across from the high-traffic Radio East Coffee & Live Music development. Immediate access to Hwy 71, minutes to ABIA, and the Tesla Gigafactory corridor.

CONDITION: The existing 1,196 sq. ft. structure is a shell/teardown. Value is strictly in the land and the strategic location. Sold AS-IS.

Features

  • Primary Bedroom on Main

Location

Schools

School District Del Valle ISD
Elementary Smith
Middle School Ojeda
High School Del Valle

Property Details

Property Type Residential
Flooring Laminate
Cooling Central Air
Heating Electric
Exterior None
County Travis
MLS # 3560183

Tax Information

Annual Taxes (MLS) $14,382 (2025)

Listing History

MLS# 3560183 60 days
May 5, 2026 Off Market
Mar 6, 2026 Listed $575,000

Frequently Asked Questions About 3308 Montopolis DR, Austin TX 78744

When was 3308 Montopolis DR, Austin TX 78744 built?

3308 Montopolis DR, Austin TX 78744 was built in 1965.

How much does 3308 Montopolis DR, Austin TX 78744 cost?

3308 Montopolis DR, Austin TX 78744 is currently off market.

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