Overview
- Property ID
- 1868099
- 1 ac
Description
Discover 0.56 acres of prime MF-3 zoned land across three contiguous lots, totaling 24,477 sq. ft. This flat, lightly wooded property is perfect for high-density residential redevelopment. Currently, the site features two duplexes and one single-family home, all fully leased, generating steady income while you plan your project.
Take advantage of the existing rental income while you secure permits and finalize development plans. This is a fantastic land play in one of Austin’s most desirable neighborhoods.
Other Features
Electrical Utility Available
Property Id : 1868099
Price: $ 2,200,000
Property Lot Size: 1 ac
Lot Size(acres): 0.5602
Lot Size(sf): 24402.31
Country: US
Property Key: 48453|226623|1|44678261
Status Contractual Search Date: 2024-08-08
Listing Key Numeric: 123562750
Est. Taxes: 31505
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 12
State: TX
Street Name: Nelray
Street# Ext.: 607-611
Street#: 607
Street Suffix: BLVD
Property Match: APN
Additional Parcels YN: 1
Community Features: None
Directions: Start by heading north on I-35 from downtown Austin.
Take exit 236 toward North Loop Blvd/West Koenig Lane.
Merge onto the North I-35 Frontage Road.
Turn left onto E Koenig Lane (West Koenig Lane).
Continue on Koenig Lane, which will turn into West 2222/North Loop Blvd.
Turn right onto N Lamar Blvd.
Turn left onto Nelray Blvd.
Elem School: Reilly
Elem School District: Austin ISD
Fencing: Back Yard,Fenced,Wood
High School: McCallum
High School District: Austin ISD
Listing ID: 6234898
Listing Terms: Cash,Owner May Carry
Lot Features: Back Yard,Front Yard,Level,Near Public Transit,Public Maintained Road
MLS Area Major: 4
Middle School: Lamar (Austin ISD)
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 02260706310000
Property Condition: Tear Down
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 31505
Utilities: Above Ground,Cable Connected,Electricity Connected,Internet-Cable,Internet-Fiber,Natural Gas Connected,Phone Connected,Sewer Connected,Underground Utilities,Water Connected
View: None
Water Source: Public
Waterfront Features: None
$ 15,066.06
per month- Principal and Interest
- Property Tax
- HOA fee
$ 11,124.40
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