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Property listed by Commercial Industrial Properti 512-682-1000 {attribution_contact}
Description
Prime Redevelopment Opportunity: This property features a generous lot ideal for increasing housing density through redevelopment. Existing ADU: A small accessory dwelling unit (approx. 480 SF of the total 1,536 SF listed) is located at the back of the property, offering potential rental income or flexible use during redevelopment. Flexible Zoning: Suitable for various residential or mixed-use projects, maximizing development potential. Redevelopment Potential Generous Lot Size: Ample space for building townhomes, condos, or multi-family housing. Income Generation: The existing bldgs could allow you to generate income while planning and executing your redevelopment project. Strategic Location: Situated in East Austin, an area experiencing significant growth and demand for new housing options. This property is ideal for investors and developers looking to capitalize on East Austin’s dynamic real estate market.
Property Details and Features
Bathrooms
- 1 full bathroom
Bedrooms
- 3 total bedrooms
- 3 bedrooms on main level
Building
- Built in 1946
- Stories: 1
- 1,536 sqft living area
- Frame
- WoodSiding
- One
Community
- Playground
- Pool
- SeeRemarks
- Sidewalks
- TrailsPaths
Disclosures
- FamilialRelation
Fence
- BackYard
- FrontYard
Floors
- Linoleum
Foundation
- PillarPostPier
Listing
- First day on market
- Listed on 2024-12-19
Location
- County: Travis
- Subdivision: Driving Park Add
Lot
- 0.1574 acres
- Area: 0.1574
- Alley
- FrontYard
- NearPublicTransit
- SplitPossible
- TreesMediumSize
Parking
- AttachedCarport
- AdditionalParking
- AlleyAccess
- SharedDriveway
Pool
- Private pool
- Community
Possession
- ClosingAndFunding
- CloseOfEscrow
Property
- SeeRemarks
Roof
- Composition
Schools
- Elementary School: Metz
- Elementary School District: Austin ISD
- Middle School: Martin
- Middle School District: Austin ISD
- High School: Eastside Early College
- High School District: Austin ISD
Sewer
- PublicSewer
Taxes
- Annual Amount: $9,767
- Year: 2024
Utilities
- AboveGroundUtilities
- CableAvailable
- ElectricityConnected
- FiberOpticAvailable
- NaturalGasConnected
- PhoneConnected
- SewerConnected
- WaterConnected