This almost half acre property is being marketed as a tear down. A new 4" sewer line from the house to the street has been installed in Aug/Sept 2025 for >$30,000 with full permits, which will save on development cost. According to the City of Austin's HOME initiative property code changes, 'small lot single-family residential use' allows for development on lots as small as 1800 ft. The highest and best use of this property might be to subdivide it into two 10,000SF+ lots and build multiple units on each lot, or build multiple units on the whole almost half acre property. There is no tree survey available, but most of the trees are on the periphery of the lot and the center part of the lot which would be the buildable area is clear and flat. There is a lot of new development in this area and it is very desirable due to proximity to Downtown as well as UT Austin.
Active
$599,000
2703 Wheless Ln, Austin, TX 78723
3beds
1,406sqft
Single Family Residence
Built in 1947
0.48 Acres Lot
$-- Zestimate®
$426/sqft
$-- HOA
What's special
Almost half acre property
- 18 days |
- 83 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Naila Ismail 512-422-4653,
JPAR Austin (800) 683-5651
Source: Unlock MLS,MLS#: 7840056
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Description: This is a tear down, ideal for an investor and developer of multifamily properties.
- Level: Main
Heating
- See Remarks
Cooling
- Other
Appliances
- Included: See Remarks
Features
- See Remarks
- Flooring: Tile
- Windows: See Remarks
Interior area
- Total interior livable area: 1,406 sqft
Property
Parking
- Parking features: Gravel, Kitchen Level, Open, Outside
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: See Remarks
- Exterior features: See Remarks
- Pool features: None
- Fencing: Privacy
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.48 Acres
- Dimensions: 86.41' x 243.20'
- Features: City Lot, Few Trees, Level
Details
- Additional structures: Shed(s), Storage
- Parcel number: 02222101130000
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- Tear Down
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: See Remarks
- Subdivision: Thomas Eldridge
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $426/sqft
- Tax assessed value: $504,710
- Annual tax amount: $9,342
- Date on market: 6/15/2026
- Listing terms: Cash,Conventional,FHA
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Price change | $599,000+4.2%$426/sqft |
Source: | ||
| 7/26/2025 | Listed for sale | $575,000$409/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,760 -29.4% | $471,393 +10% |
| 2024 | $6,740 +22.1% | $428,539 +10% |
| 2023 | $5,521 -7.5% | $389,581 +10% |
| 2022 | $5,968 | $354,165 +10% |
| 2021 | -- | $321,968 +10% |
| 2020 | $5,797 +14.8% | $292,698 -18.5% |
| 2019 | $5,051 +18.1% | $359,051 +48.4% |
| 2018 | $4,278 | $241,899 +10% |
| 2017 | $4,278 +20.5% | $219,908 +10% |
| 2016 | $3,551 | $199,916 +10% |
| 2015 | $3,551 | $181,742 +10% |
| 2014 | $3,551 | $165,220 +10% |
| 2013 | -- | $150,200 +0.3% |
| 2012 | -- | $149,677 +6.2% |
| 2011 | -- | $140,951 +10% |
| 2010 | -- | $128,137 +10% |
| 2009 | -- | $116,488 +10% |
| 2008 | -- | $105,898 +10% |
| 2007 | -- | $96,271 +10% |
| 2006 | -- | $87,519 +10% |
| 2005 | -- | $79,563 +10% |
| 2002 | $1,512 | $72,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Windsor Park
Nearby schools
GreatSchools rating
- 4/10Harris Elementary SchoolGrades: PK-5Distance: 2 mi
- 2/10Webb Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Northeast Early College High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Blanton
- Middle: Lamar (Austin ISD)
- High: Northeast Early College
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Travis County
- Austin
- 78723
- Windsor Park
- 2703 Wheless Ln




