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  6. 1902 Greenwood Ave, Austin TX 78723

1902 Greenwood Ave, Austin TX 78723

$ 525,000
1902 Greenwood Ave, Austin TX 78723, ,
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Overview

  • Property ID
  • 1935852
  • 0 ac

Description

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.

Details

Property Id : 1935852
Price: $ 525,000
Property Lot Size: 0 ac
Syndication Remarks: 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.
Lot Size(acres): 0.2734
Lot Size(sf): 11909.3
Country: US
Last Listing Change: 2024-08-27T18:38:42.763Z
Property Key: 48453|204581|1|75200097
Status Contractual Search Date: 2024-08-17
Listing Key Numeric: 123871584
Est. Taxes: 7960.69
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 14
State: TX
Last Status Change: 2024-08-17T20:25:07.900Z
Street Name: Greenwood
Street# Ext.: 1902
Street#: 1902
Street Suffix: Ave
Property Match: APN
Community Features: See Remarks
Directions: From downtown Austin: North on Interstate 35 Frontage Rd (0.3 mi). Turn right onto E Martin Luther King Jr Blvd (1.9 mi). Turn left onto Greenwood Ave. The destination will be on the left
Elem School: Maplewood
Elem School District: Austin ISD
High School: McCallum
High School District: Austin ISD
Listing ID: 8769904
Listing Terms: Cash,Committed Money,Conventional
Lot Features: See Remarks
MLS Area Major: 3
Middle School: Kealing
Middle School District: Austin ISD
Status: Active
Other Structures: See Remarks
Parcel#: 02121507380000
Possession: Close Of Escrow
Sewer: See Remarks
Special Listing Conditions: See Remarks
Tax Annual($): 7960.69
Utilities: See Remarks
View: See Remarks
Water Source: Public
Waterfront Features: See Remarks

Calculator

$ 3,595.31
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,654.69

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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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1902 Greenwood Ave, Austin TX 78723

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Gerald Bodle, MBA