Exceptional Central Austin development opportunity on a beautifully wooded and gently sloped lot in highly desirable 78723. Tucked into a quiet, secluded-feeling pocket surrounded by mature trees and natural surroundings, while still offering quick access to Mueller (only 5 minutes to Mueller HEB and parks!), Downtown, UT, the airport, restaurants, shopping, and major roadways. Utilities available at the street including water/wastewater, electric, and gas (buyer to verify). Current regulations may allow up to 3 residential units (buyer to independently verify all zoning, development, subdivision, utility, and building requirements with the City of Austin). Excellent opportunity for builders, investors, or buyers seeking a rare infill lot with strong development potential in one of Austin’s most rapidly evolving and desirable central neighborhoods.
Active
Price cut: $40K (6/25)
$275,000
4640 Marlo Dr, Austin, TX 78723
0beds
0baths
7,710Square Feet
Unimproved Land
Built in ----
7,710 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gently sloped lotRare infill lot
- 101 days
- 102
- 5
Zillow last checked:
Listing updated:
Listed by:
Tina Barrett (512) 699-6577,
Tina Barrett, Broker (512) 699-6577
Source: Unlock MLS,MLS#: 3633562
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 7,710 Square Feet
- Features: City Lot, Gentle Sloping, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
- Topography: Gently sloping, see survey uploaded in documents.
Details
- Additional structures: None
- Parcel number: 02151901570000
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Marlo Heights, Section 2
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Tax assessed value: $402,500
- Annual tax amount: $4,129
- Date on market: 5/19/2026
- Listing terms: Cash,Conventional,FHA,Texas Vet,USDA Loan,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,753/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $275,000-12.7% |
Source: | ||
| 5/19/2026 | Listed for sale | $315,000 |
Source: | ||
| 4/17/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/27/2026 | Price change | $315,000-16% |
Source: Owner Report a problem | ||
| 3/12/2026 | Listed for sale | $375,000+19% |
Source: Owner Report a problem | ||
| 2/19/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/3/2026 | Listed for sale | $315,000-3.1% |
Source: Owner Report a problem | ||
| 1/4/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/6/2025 | Listed for sale | $325,000-13.3% |
Source: Owner Report a problem | ||
| 7/3/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/4/2025 | Listed for sale | $375,000 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $7,949 | $402,500 +75% |
| 2021 | -- | $230,000 |
| 2020 | $5,121 +3.8% | $230,000 |
| 2019 | $4,933 +29.2% | $230,000 |
| 2018 | $3,819 | $230,000 +33.3% |
| 2017 | $3,819 +9.1% | $172,500 +50% |
| 2016 | $3,501 | $115,000 |
| 2015 | $3,501 | $115,000 -21.8% |
| 2014 | $3,501 | $147,120 -15.6% |
| 2013 | -- | $174,229 +2.5% |
| 2012 | -- | $169,941 +1.5% |
| 2011 | -- | $167,368 |
| 2010 | -- | $167,368 -9.3% |
| 2009 | -- | $184,519 +16.2% |
| 2008 | -- | $158,793 +13.3% |
| 2007 | -- | $140,113 +5.2% |
| 2006 | -- | $133,138 +24% |
| 2005 | -- | $107,354 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: MLK
Nearby schools
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.




