$ 525,000
1902 Greenwood Ave Austin, TX 78723
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$ 525,000
Est. payment | /mo
0.27 Acres Lot
$ 525,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision Manor Road Add
MLS Listing ID 8769904
Originating Board actris
Annual Tax Amount $7,960
Tax Year 2024
Lot Size 0.273 Acres
Acres 0.2734
Property 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.
Location
State TX
County Travis
Zoning SF-3-NP
Interior
Fireplace No
Exterior
Community Features See Remarks
Utilities Available See Remarks
Waterfront No
Waterfront Description See Remarks
View See Remarks
Building
Lot Description See Remarks
Sewer See Remarks
Water Public
New Construction No
Schools
Elementary Schools Maplewood
Middle Schools Kealing
High Schools Mccallum
School District Austin Isd
Others
Special Listing Condition See Remarks
Listed by Real