Amazing development opportunity in booming 78704! Large .9102 acre lot located in the South Lamar neighborhood. This cleared lot is currently zoned for 4 duplexes (8 units in total). It could potentially be rezoned to allow for higher density. Site plans have been submitted to the City of Austin and should be approved within the next 60 days. Owner is at the end of a 2+ year process to get the land subdivided to 4 lots out of this approx 1 acre. Architecture for the 8 unit development is complete and ready to submit for permitting. Same architecture firm who designed the Valley View Villas development next door. Visit www.valleyviewvillasatx.com to see design style.
|Price Reduced||$3,200,000||$550,000 (14.67%)|
|Price Reduced (from $4,250,000)||$3,750,000||$500,000 (11.76%)|
Property Listed by: Realty Austin
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from June 21st, 2021 at 7:46am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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