$1,450,000

Austin TX 78702

Overview

SUMMARY: Discover an opportunity with this Austin land for sale and available for $1,450,000. This could be your next ideal home or a smart investment. More details await.
Two Vacant Lots, One Unmatched Opportunity in East Austin Presenting a truly unique investment: two adjoining vacant land parcels
at 806 and 900 Willow Street, available for sale together. Located in the coveted East Cesar Chavez neighborhood, these cleared lots offer a combined development opportunity with significant upside in one of Austin's most dynamic areas. The total combined area is 0.299 acres (94' x 138.5'). Please note, tax and property details on this listing may pertain
only to one of the two parcels. Buyers should verify all data for both lots. This rare offering allows for a multi-faceted development strategy. The strategic zoning of each lot, particularly the SF-3-NP parcel, provides an opportunity to leverage the City of Austin's HOME Initiative. This forward-thinking program allows for increased density, paving the way to build multiple units on the combined land. This valuable density is a crucial factor in achieving a great return on investment, as it allows a builder to spread land and construction costs across more units. The total buildable area provides a developer with the flexibility to plan a cohesive project, maximize density, and achieve economies of scale in construction. This is an unparalleled chance to acquire a large-scale development site in a high-demand, high-growth urban core. The proximity to downtown Austin and the area's strong market for new residential units make this a compelling and financially sound investment. Seize this opportunity to create a landmark residential project in East Austin.
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Austin TX 78702

Land for sale

  • Price: $1,450,000

Location

Austin TX 78702

Land for sale

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This Land for sale is located at Austin TX 78702. The home has . This Land in Austin TX is for sale for $1,450,000 .

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The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


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