Prime Investment opportunity in Austin, TX! This oversized SF-3 lot, spanning 11,909 sq. ft., offers a range of exciting development possibilities. With downtown views, the property benefits from recent new construction comps that support various development options under City of Austin's HOME ordinance, which permits up to three homes. Subdivision of the property would accommodate up to three additional homes, allowing for a total of six units, allowing higher density and a greater return for the developer. Conveniently located, this lot is just minutes away from UT, downtown Austin, South Congress, and the airport, and only 15 minutes from The Domain. With the lot already cleared, it's primed for a spring 2025 delivery. The survey is available in the MLS documents. buyers to complete their own due diligence.
MLS# | 8769904 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Active |
Days On Site | 30 |
Listing Provided By | Real | Jeff McElroy |
Zoning | SF-3-NP |
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Acreage | 0.27 |
Water Front | Yes |
Property View | See Remarks |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78723 |
Area | 3 |
Community Name | Manor Road Add |
School District | McCallum |
Elementary School | Maplewood |
Middle School | Kealing |
High School | McCallum |
Listing VS Median (in Manor Road Add) | |
Price: $525,000 low | high Med: $834,000 On Site: 30 low | high Med: 115.000000 |