4640 Marlo Dr, Austin, TX 78723
Property image
Property image
FOR SALE

4640 Marlo Dr
Austin, TX 78723

MLK

    $275,000

    Original price: $315,000
    Est. Mortgage $1,809/mo*
    Get Pre-Qualified

    $275,000

    Original price: $315,000
    Est. Mortgage $1,809/mo*
    Get Pre-Qualified

    Home Highlights

    Listed
    90 days ago

    Local Information

    • Map ViewExplore the area around 4640 Marlo Dr.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    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.

    Home Details for 4640 Marlo Dr

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
    Gas & Electric
    Has Electric on Property
    View
    No ViewView: None

    Exterior Features

    Exterior Home Features
    Other Structures: None
    Frontage
    Waterfront: NoneNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer
    Farm & Range
    Not Allowed to Raise Horses
    Surface & Elevation
    Topography: Gently sloping, see survey uploaded in documents.

    Days on Market

    Days on Market: 90

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Parcel Number: 02151901570000

    Price & Status

    Price
    List Price: $275,000
    Status Change & Dates
    Possession Timing: Close Of Escrow, Funding

    Location

    Direction & Address
    City: AustinCommunity: Marlo Heights, Section 2
    School Information
    Elementary School: BlantonElementary School District: Austin ISDJr High / Middle School: Lamar (Austin ISD)Jr High / Middle School District: Austin ISDHigh School: Northeast Early CollegeHigh School District: Austin ISD

    Agent Information

    Listing Agent
    Listing ID: 3633562

    Community

    Community Features: None

    HOA

    No HOA

    Lot Information

    Lot Area: 7710.12 sqft

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional, FHA, Texas Vet, USDA Loan, VA Loan

    Miscellaneous

    Mls Number: 3633562Attribution Contact: (512) 699-6577

    Additional Information

    None
    Last check for updates: about 10 hours ago
    Listing courtesy of Tina Barrett, (512) 699-6577
    Tina Barrett, Broker, (512) 699-6577
    Source: Unlock MLS, MLS#3633562
    Also Listed on Unlock MLS.

    Market trends in Austin

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $586K
    $14.3K    MoM
    Sale-to-List Price
    97.9%
    Price per sq ft
    $306
    $4    MoM
    Available listings
    5514
    156    MoM

    Price and Tax history

    DateEventPrice
    Jun 25, 2026
    Source: Unlock MLS #3633562
    		PriceChange
    $275,000
    Price decreased by 13%
    May 19, 2026
    Source: Unlock MLS #3633562
    		Listed For Sale
    $315,000
    Apr 17, 2026
    Source: N/A
    		ListingRemoved
    Mar 27, 2026
    Source: N/A
    		PriceChange
    $315,000
    Price decreased by 16%
    Mar 12, 2026
    Source: N/A
    		Listed For Sale
    $375,000

    Similar Homes You May Like

    Skip to last item
    Skip to first item

    New Listings near 4640 Marlo Dr

    Skip to last item
    Skip to first item

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    4700 Bundyhill Dr, Austin, TX
    0.43
    Lot/Land
    -
    06/12/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    4607 Cedar Point Dr, Austin, TX 78723
    0.12
    -
    3
    2
    1,469
    Recently Sold
    5002 Pecan Springs Rd #7, Austin, TX 78723
    0.23
    $599,900
    4
    3.5
    2,191
    For Sale
    3501 Pecan Springs Rd, Austin, TX 78723
    0.21
    $749,000
    2
    1
    1,194
    For Sale
    5006 Pecan Springs Rd #6, Austin, TX 78723
    0.25
    $625,000
    3
    3.5
    2,191
    For Sale
    5006 Pecan Springs Rd #3, Austin, TX 78723
    0.25
    $625,000
    3
    3.5
    2,191
    For Sale
    4502 Grassland Dr, Austin, TX 78723
    0.26
    $690,000
    3
    2.5
    2,390
    For Sale
    4810 Springdale Rd, Austin, TX 78723
    0.29
    $649,000
    3
    2.5
    2,462
    For Sale
    3108 E 51st St #601, Austin, TX 78723
    0.33
    $440,800
    2
    2.5
    1,529
    For Sale
    4801 Springdale Rd #2410, Austin, TX 78723
    0.31
    $459,000
    2
    2.5
    1,485
    For Sale
    4801 Springdale Rd #1106, Austin, TX 78723
    0.31
    $249,500
    1
    1
    701
    For Sale
    4801 Springdale Rd #2309, Austin, TX 78723
    0.32
    $299,900
    2
    2
    1,031
    For Sale

    Around this home

    Neighborhood Overview

    MLK
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about MLK

    At least 21 Trulia users voted on each feature.

    • 95 % Say car is needed

    • 90 % Say yards are well-kept

    • 83 % Say it's dog friendly

    • 81 % Say parking is easy

    • 63 % Say it's quiet

    • 56 % Say there are sidewalks

    • 56 % Say there's holiday spirit

    • 54 % Say people would walk alone at night

    • 52 % Say there's wildlife

    • 49 % Say neighbors are friendly

    • 46 % Say they plan to stay for at least 5 years

    • 39 % Say kids play outside

    • 24 % Say streets are well-lit

    • 21 % Say it's walkable to grocery stores

    • 19 % Say it's walkable to restaurants

    • 16 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "good I can get where I need to without to much problem I use the scooters if public isn't available "
      0
      Flag
    • Jenna B.
      "Very central location. Some spots are better than others. Neighborhood is nice to walk around. Wish there was more nature "
      0
      Flag
    • Arean R.
      "Good food, park close, dog friendly, Alamo and good HEB. Close to airport close to highways..........."
      6
      Flag
    • Sean S.
      "Over the 15 years we've lived here the neighborhood has significantly changed. Of course the changes in Austin over that time are pretty drastic and significant as well. We love this place, it's like a little bit of country in the City. Especially pulling into our small neighborhood on Pecan Springs from the 51st Street side before it doglegs up to Springdale. The amount of work we've put into our home and the landscaping has made it difficult coming to terms with leaving. Have to look at the bright side; change is good."
      12
      Flag

    LGBTQ Local Legal Protections

    Frequently asked questions about 4640 Marlo Dr

    • How big is 4640 Marlo Dr?
      4640 Marlo Dr in Austin, TX is about 0.18 acres (7,710 sq ft).
    • What is the price per acre for 4640 Marlo Dr?
      4640 Marlo Dr in Austin, TX is listed at $275,000, or about $1.6M per acre.
    • What do residents say about the MLK neighborhood?
      Residents describe the MLK neighborhood in Austin, TX as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in MLK, Austin.
    • What are the closest schools to 4640 Marlo Dr?
      The closest schools to 4640 Marlo Dr in Austin, TX are Blanton Elementary School (Pre-K, rated 8/10), Lamar Middle School (rated 9/10), Northeast Early College High School (rated 3/10).
    Tina Barrett, Tina Barrett, Broker, (512) 699-6577
    Agent Phone: (512) 699-6577
    Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-08-17 03:58:37 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
    Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. Click here for more information
    4640 Marlo Dr, Austin, TX 78723 is a lot/land. 4640 Marlo Dr is located in MLK, Austin. This property is currently available for sale and was listed by Unlock MLS on May 19, 2026. The MLS # for this home is MLS# 3633562.