12001 Commonwealth WAY, Austin TX 78759

$ 425,000
12001 Commonwealth WAY, Austin TX 78759, ,

Overview

  • Property ID
  • 2071630
  • 0 ac

Description

The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a significant shift from previous regulations. If you’re considering developing a multi-family lot, it would be wise to consult the city’s updated guidelines or schedule an appointment with the city’s planning department to ensure compliance with the new rules.

Other Features
Electrical Utility Available
Property Id : 2071630
Price: $ 425,000
Property Lot Size: 0 ac
Syndication Remarks: The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a significant shift from previous regulations. If you're considering developing a multi-family lot, it would be wise to consult the city’s updated guidelines or schedule an appointment with the city's planning department to ensure compliance with the new rules.
Lot Size(acres): 0.2984
Lot Size(sf): 12998.3
Country: US
Last Listing Change: 2024-08-30T18:49:56.347Z
Property Key: 48453|167142|1|9745406
Status Contractual Search Date: 2024-08-30
Listing Key Numeric: 124038021
Est. Taxes: 1.87
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 4
State: TX
Last Status Change: 2024-08-30T18:14:27.500Z
Street Name: Commonwealth
Street# Ext.: 12001
Street#: 12001
Street Suffix: WAY
Property Match: APN
Community Features: None
Directions: From Jollyville, ~ turn @ Commonwealth ~ lot is on the left
Elem School: Caraway
Elem School District: Round Rock ISD
High School: Westwood
High School District: Round Rock ISD
Listing ID: 9635275
Listing Terms: Cash,Conventional
Lot Features: City Lot,Cleared,Interior Lot,Open Lot,Public Maintained Road,Trees-Large (Over 40 Ft)
MLS Area Major: 1N
Middle School: Canyon Vista
Middle School District: Round Rock ISD
Status: Active
Other Structures: None
Parcel#: 01660503200000
Possession: Close Of Escrow,Funding
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Available,Electricity Available,Phone Available,Sewer Connected,Water Available
View: None
Water Source: Public
Waterfront Features: None
$ 2,910.49
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,149.03
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA