1106 Lott Avenue | 1.45 Acres | East Austin Infill with MF Upside | The property encompasses approximately 1.446 acres, equivalent to about 62,988 square feet and sits on elevated, level ground with city views, no floodplain, and easy access to downtown (just 4 miles away). For experienced infill developers, this is the kind of clean, straightforward opportunity that’s getting harder to find. You can build 3 large single-family homes now under current SF-3 zoning, or go for the highest and best use: a 14-unit site condo community. Embedded water/sewer lines are present at the build site. Architectural plans from 2012-2013 are also available for a reference of where lines are located. Owner/Agent is willing to Joint Venture, carry a 2nd lien, or get creative with the right partner. If you’re looking for a project with strong fundamentals, flexibility, and a big upside this is it.
MLS# | 3235259 |
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Listing Type | For Sale |
Style | Vacant Land |
Sub-Type | Resale |
Status | Active |
Days On Site | 25 |
Listing Provided By | Strub Residential | Mark Strub |
Zoning | Currently zoned SF-3, al |
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Acreage | 1.45 |
Property View | City |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78721 |
Area | 5 |
Community Name | Green Valley 1 Amd |
School District | Eastside Early College |
Elementary School | Ortega |
Middle School | Martin |
High School | Eastside Early College |
Listing VS Median (in Green Valley 1 Amd) | |
Price: $899,000 low | high Med: $0 On site: 25 low | high Med: |