Don't miss this rare opportunity to develop on a park-facing corner lot in the heart of East Austin. This 6,777-square-foot lot is just blocks from the vibrant Cesar Chavez corridor, offering easy access to top-rated restaurants, bars, and entertainment. With unobstructed park views, this property is ideal for a high-value residential development.The price includes the lot, plans, site survey, soil reports, and preliminary designs for three homes, with a total after-repair value estimated at over $2.3 million. The zoning is SF-3-NP with a 65% floor area ratio, allowing for 4,400 square feet of buildable space. The proposed layout includes a front home facing 4th Street at 1,800 square feet and two side homes at 1,300 square feet each with a mirror-image design.Connections to an architect and builder are available to complete the project.
MLS# | 7260275 |
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Listing Type | For Sale |
Style | Vacant Land |
Sub-Type | Resale |
Status | Active Under Contract |
Days On Site | 35 |
Listing Provided By | Kuper Sotheby's Int'l Realty | Shay Millheiser |
Acreage | 0.16 |
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Property View | Park, Greenbelt |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78702 |
Area | 5 |
Community Name | Hartwell Add |
School District | Eastside Early College |
Elementary School | Govalle |
Middle School | Martin |
High School | Eastside Early College |
Listing VS Median (In Hartwell Add) | |
Price: $699,900 low | high Med: $4,000 On site: 35 low | high Med: 13.000000 |