Ledesma Rd
Austin, TX 78721
MLK 183(on 1.18 acres)
Home Highlights
Listed
Less than a day ago
Local Information
-- mins to
About this House
Prime development opportunity in East Austin with an approved site plan for six buildable lots totaling 12 residential units, across approximately 1.2 acres. Building plans are currently in the final stages of the City of Austin permitting process and are expected to by end of September. They were designed by Local architect group Kipp Flores. The project will be delivered with the approved building plans, allowing a buyer to bypass an estimated 5–6 months of permitting, design costs, structural costs, and additional interest carry. Allowing an expedited process to the spring market of 2027. Horizontal construction can begin immediately under the existing approved site plan, allowing development to move forward with horizontal work while the building permits are finalized. Located less than one mile from Springdale Green and Springdale General and approximately 14 minutes from Downtown Austin, the property sits in an area experiencing significant continued investment and redevelopment. With much of the entitlement, design, and permitting work already completed, a developer has the ability to step in, begin construction immediately, and potentially deliver finished homes in approximately 8–9 months, positioning the project for the upcoming spring selling season. A rare opportunity to acquire a substantially de-risked East Austin development with 12 units, approved site planning, near-complete building permits, and the ability to break ground immediately. An entry level price point for homes sub $700,000, which cannot be found in east Austin any more and will have a high demand for new construction, filling this void.
Last check for updates: about 2 hours ago
Listing courtesy of Joshua Brunsmann, (512) 573-8804
3rd Angle Realty LLC, (512) 573-8804
Source: Unlock MLS, MLS#8811043

Also Listed on Unlock MLS.
Home Details for Ledesma Rd
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MLS Status: Active |
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Appliances & Utilities Utilities: See Remarks |
View No ViewView: None |
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Exterior Home Features Other Structures: None |
Frontage Waterfront: NoneRoad Surface Type: NoneNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Days on Market: <1 day on Trulia |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New ConstructionNo Additional Parcels |
Property Information Condition: To Be BuiltParcel Number: 5227 Ledesma Rd |
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Price List Price: $1,195,000 |
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Direction & Address City: AustinCommunity: Brunsmann Subdivision |
School Information Elementary School: OrtegaElementary School District: Austin ISDJr High / Middle School: MartinJr High / Middle School District: Austin ISDHigh School: Eastside Early CollegeHigh School District: Austin ISD |
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Listing Agent Listing ID: 8811043 |
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Community Features: None |
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HOA Name: TBD |
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Lot Area: 1.18 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 8811043Attribution Contact: (512) 573-8804 |
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Around this home
What Locals Say about MLK 183
At least 41 Trulia users voted on each feature.
91 % Say parking is easy
90 % Say car is needed
81 % Say it's dog friendly
74 % Say yards are well-kept
59 % Say they plan to stay for at least 5 years
57 % Say there's holiday spirit
56 % Say it's quiet
56 % Say there are sidewalks
52 % Say people would walk alone at night
51 % Say there's wildlife
48 % Say neighbors are friendly
47 % Say kids play outside
34 % Say streets are well-lit
28 % Say it's walkable to restaurants
18 % Say it's walkable to grocery stores
18 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Austin
Last updated July 2026
Avg. sale price
$586K
$14.3KMoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4MoM
Available listings
5514
156MoM
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 |
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1.26 | 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 |
|---|---|---|---|---|---|---|
0.04 | $750,000 | 4 | 4 | 2,400 | For Sale | |
0.08 | $677,000 | - | - | - | For Sale | |
0.06 | $490,000 | 2 | 2.5 | 1,100 | For Sale | |
0.07 | $440,000 | 4 | 2 | 1,721 | For Sale | |
0.14 | $740,000 | 4 | 3 | 1,894 | For Sale | |
0.12 | $434,400 | 2 | 2 | 1,100 | Off Market | |
0.12 | $596,000 | 3 | 3 | 1,830 | Off Market | |
0.19 | $224,999 | Studio | 1 | 284 | For Sale | |
0.16 | $449,000 | 2 | 2.5 | 960 | For Sale | |
0.14 | - | - | - | - | Off Market | |
0.15 | $385,000 | 3 | 2 | 1,024 | For Sale |
Price and Tax history
| Date | Event | Price |
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Aug 20, 2026 Source: Unlock MLS #8811043 | Listed For Sale | $1,195,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Joshua Brunsmann, 3rd Angle Realty LLC, (512) 573-8804
Agent Phone: (512) 573-8804

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-08-20 07:33:49 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
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
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Frequently asked questions about Ledesma Rd
- How big is Ledesma Rd?Ledesma Rd in Austin, TX is about 1.2 acres.
- What is the price per acre for Ledesma Rd?Ledesma Rd in Austin, TX is listed at $1,195,000, or about $1.0M per acre.
- What do residents say about the MLK 183 neighborhood?Residents describe the MLK 183 neighborhood in Austin, TX as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in MLK 183, Austin.
- What are the closest schools to Ledesma Rd?The closest schools to Ledesma Rd in Austin, TX are Alternative Learning Center (Middle/High, rated 1/10), Eastside Memorial High School (rated 1/10), Ortega Elementary School (Pre-K, rated 4/10).

