9806 Capitol View DR, Austin TX 78747

Austin, TX 78747 | Capitol View Estates | Built by Owner

Ed's Opinion of Value

$322,335 Ed's Estimate: $399,882 $456,567
Lowest Comp Recommended List: $337,000 to $347,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $399,882. For a well positioned listing in CAPITOL VIEW ESTATES, I'd target the $337,000 to $347,000 range. Against 7 similar active listings in CAPITOL VIEW ESTATES, this price point lands at the most expensive of 7 comparable homes on the market. At 1.93 acres, the lot is larger than the 0.07 acre comp average, which factors into pricing. 7 comparable transactions in CAPITOL VIEW ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
3 Baths 3 Full
1,600 Sq Ft
1.93 Acres
2023 Built
2 Garage

About This Property

**DO NOT visit property without a scheduled appointment**

This property is currently developed as a residence that is under construction but also has a functioning private RV community on the back of the property. The main building is a 40’x40’ and 20' tall, insulated metal building on a slab that is currently just a shell but has electrical and plumbing set up for a residence. Property is in the ETJ but outside of the city limits and has no zoning so it’s ready to build out your custom barndominium or commercial space.

This would be ideal for someone who wants to build their custom home or business on nearly 2 acres very close to town while also having a passive income from the established community of like-minded individuals. Permaculture principles have guided the development of this property. The intentionally cohesive aspect of the community sets it apart from other tiny home communities and offers the potential for many more income streams through events, workshops, and other activities. Furthermore, the property's location presents significant development potential.

The property is located directly behind the Goodnight Austin subdivision, which is currently undergoing rapid development. Their current master plan shows multifamily units along one side of the property line as well as a future AISD site near the property. The developers predict that they will be starting development behind this property in the next 1-2 years. Let this property generate income for you while the development completes. Many more potential development opportunities will be possible once the area is fully developed.

This is a unique investment opportunity for those interested in an income-generating property with long-term potential for development and equity growth. This would be the perfect opportunity for your growing business or 1031 exchange.

**DO NOT visit property without a scheduled appointment**

Features

  • High Speed Internet

Location

Schools

School District Austin ISD
Elementary Blazier
Middle School Paredes
High School Akins

Property Details

Property Type Residential
Flooring Concrete
Cooling None
Heating None
Exterior Electric Car Plug-in, Garden, RV Hookup
County Travis
MLS # 6359860

Parking

Garage 2 spaces

Tax Information

Annual Taxes $985 (2022)

Listing History

MLS# 6359860 84 days (85 CDOM)
Jul 6, 2023 Off Market
Apr 13, 2023 Listed $2,000,000

Frequently Asked Questions About 9806 Capitol View DR, Austin TX 78747

When was 9806 Capitol View DR, Austin TX 78747 built?

9806 Capitol View DR, Austin TX 78747 was built in 2023.

How much does 9806 Capitol View DR, Austin TX 78747 cost?

9806 Capitol View DR, Austin TX 78747 is currently off market.

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