2703 Wheless LN Austin TX 78723 MLS #7840056

MLS #7840056 image #0
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.
Current real estate data for Single Family in Austin as of Jun 20, 2026
4,185
Single Family Listed
82
Avg DOM
386
Avg $ / SqFt
$1,012,902
Avg List Price
Listing Provided Courtesy of JPAR Austin

Property Details

Price:
$599,000
MLS #:
7840056
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Thomas Eldridge
Listed Date:
Jun 15, 2026
Finished Sq Ft:
1,406
Lot Size:
21,039 sqft / 0.48 acres (approx)
Year Built:
1947
Community EquestrianThomas EldridgeAustin IsdBlantonLamar (austin Isd)Northeast Early CollegeNone

Schools

School District:
Austin ISD
Elementary School:
Blanton
Middle School:
Lamar (Austin ISD)
High School:
Northeast Early College

Interior

Appliances
See Remarks
Bathrooms
1 Full Bathroom
Cooling
Other
Flooring
Tile
Heating
See Remarks
Interior Features
See Remarks
Levels
One
Main Level Bedrooms
3

Exterior

Accessibility Features
See Remarks
Community Features
See Remarks
Direction Faces
SW
Exterior Features
See Remarks
Fencing
Privacy
Lot Features
City Lot, Few Trees, Level
Other Structures
Shed(s), Storage
Parking Features
Gravel, Kitchen Level, Open, Outside
Patio And Porch Features
See Remarks
Roof
Shingle
View
None
Waterfront Features
None
Window Features
See Remarks

Financial

Taxes
$9,342

Map

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Property Summary

    Located in the Thomas Eldridge subdivision, 2703 Wheless LN Austin TX is a Single Family for sale in Austin, TX, 78723. It is listed for $599,000 and features 3 beds, 1 baths, and has approximately 1,406 square feet of living space, and was originally constructed in 1947. The current price per square foot is $426. The average price per square foot for Single Family listings in Austin is $386. The average listing price for Single Family in Austin is $1,012,902. To schedule a showing of MLS#7840056 at 2703 Wheless LN in Austin, TX, contact your Compass RE Texas, LLC agent at 5126982822.

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