Exceptional East Austin development opportunity on nearly two thirds of an acre. This approximately 27,966 SF lot features roughly 18,000 SF of buildable area and offers flexibility for a three unit development or potential six lot subdivision, buyer to verify. Located just minutes from Downtown, Mueller, and Austin Bergstrom International Airport, this oversized infill tract presents multiple development possibilities in one of Austin's fastest growing neighborhoods. Survey available. Listing Agent can provide proforma and also assist with builder selection.
MLK-183, located between Martin Luther King Jr. Blvd and US-183, is a residential and commercial Austin neighborhood with mid-century streetscapes and big-sky arterial views. The neighborhood’s energy concentrates around the MLK Jr Blvd & Airport Blvd corridor, where taquerias, coffee counters, and small storefronts line the sidewalks. Mueller Lake Park and the Thinkery act as nearby cultural anchors, with Alamo Drafthouse Mueller adding a local-screening ritual. Housing ranges from older single-story homes to newer infill, set against wide roads and pocket parks. Daily rhythms center on bike lanes, bus stops, and the pull of Mueller’s walkable retail blocks.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Level lot
Utilities
Electricity available
Natural gas available
Public sewer
Public water
Sale and tax history for 4801 Ledesma Rd
Sale History
Tax History
Date
Event
Price
Unlock MLS #1638512
Aug 5, 2026
Listed
$699,000
Public Records
Oct 1, 2024
Sold
*
Public Records
Apr 10, 2024
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$7,963 (+0.3%)
$311,830 + $12,409
$324,239
2025
$7,936 (+18.0%)
$311,830 + $12,409
$324,239
2024
$6,725 (−19.1%)
$303,750 + $35,575
$339,325
2023
$8,308 (−8.0%)
$360,000 + $99,173
$459,173
2022
$9,032 (+39.8%)
$360,000 + $97,345
$457,345
2021
$6,461 (+24.7%)
$210,000 + $86,827
$296,827
2020
$5,181 (−1.9%)
$210,000 + $22,700
$232,700
2019
$5,281 (−13.1%)
$210,000 + $36,236
$246,236
2018
$6,081 (+10.7%)
$175,000 + $71,340
$246,340
2017
$5,493 (+27.3%)
$93,750 + $99,708
$193,458
2016
$4,314 (−6.2%)
$175,000 + $71,340
$246,340
2014
$4,599 (+15.7%)
$110,000 + $83,290
$193,290
2013
$3,974 (−2.7%)
$110,000 + $83,290
$193,290
2012
$4,083 (+4.4%)
$110,000 + $51,337
$161,337
2011
$3,911 (+5.0%)
2010
$3,724
2009
$3,724
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
150 ft.
Lot depth
186 ft.
Lot size
0.64 Acres
Year renovated
—
Finished Sq. Ft.
1,140
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,140
Year built
1946
Style
Single Family Residential
County
Travis County
APN
197807
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
SF-3
AIRPORT
Family Residence District
Family residence (SF-3) district is the designation for a moderate density single-family residential use and a duplex use on a lot that is a minimum of 5,750 sq ft. An SF-3 district designation may be applied to a use in an existing single-family neighborhood with moderate sized lots or to new development of family housing on lots that are 5,750 sq ft or more. A duplex use that is designated as an SF-3 district is subject to development standards that maintain single-family neighborhood characteristics.
Zone overlays
Airport Overlay Zones
Permitted uses
Include but are not limited to:
Agriculture-Other
Assembly/ meeting place
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Educational/school
Communications tower
Local insights from Redfin agents
East Austin remains one of the city's most sought after areas because buyers want to be close to downtown while enjoying the local restaurants, coffee shops, breweries, and creative energy. For many, the lifestyle justifies paying a premium over...