ADDRESS
Compass RE Texas, LLC
2500 Bee Caves Road, Building 3, Suite 200, Austin, TX 78746
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
LIMITED-TIME OFFER: Seller will contribute up to $20,000 toward buyer’s interest rate buydown or closing costs with acceptable offer. Incredible Development Opportunity in Prime East Austin Nearly 1-acre SF-3 zoned property currently in the final stages of subdivision into 4 individual lots, each eligible for 3 units per lot under the City of Austin’s Code HOME—allowing for a total of 12 units. The stamped plat has been submitted to the City of Austin and serves as the site plan in accordance with residential development code—no formal site plan required for SF-3 zoning. Whether you're a seasoned investor or individual buyer, this is a rare chance to secure a shovel-ready residential project in a high-growth corridor. The land has already been cleared and partially developed, located at the end of a quiet cul-de-sac with no floodplain concerns. Upper lots are positioned for potential downtown skyline views. Ideal for those looking to capitalize on Austin’s demand for multi-unit housing, this project is fully aligned with city zoning and development code. Highlights: • SF-3 Zoning • 4-Lot Subdivision (City Review in Progress) • Up to 12 Units (3 per lot under Code HOME) • Plat Serves as Site Plan • No Floodplain • Cleared & Partially Developed • Cul-de-sac Location • Potential Downtown Views Don’t miss this exceptional opportunity to develop in one of Austin’s fastest-growing areas. Buyer is responsible for all due diligence.
6 days ago | Price changed to $980,000 | |
6 days ago | Listing updated with changes from the MLS® | |
2 months ago | Listing first seen on site |
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