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$3,250,000
2 Days On Site

1300 and 1032 Norwalk LN
Austin, TX 78703

For Sale|Land|Active
Subdivision:
Westfield A
County:
Travis

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1300 and 1032 Norwalk LN1300 and 1032 Norwalk LN1300 and 1032 Norwalk LN1300 and 1032 Norwalk LN
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A rare development opportunity in the heart of West Austin. Located on a quiet street in Deep Eddy, 1300 & 1302 Norwalk Lane currently consist of two multifamily buildings featuring a total of 6 one-bedroom units and 6 two-bedroom units, with only one unit currently vacant. This setup provides holding income while you pursue design and planning approval for redevelopment or refurbishment of the existing improvements. The property spans a gently sloping, rectangular 0.6-acre lot with dual street frontage. Zoned MF-3, it allows for up to 20,000 square feet of Gross Floor Area and up to 21 units. Preliminary schematics show a layout including a driveway and 12 x 1600 sq. ft. with 2-car garages and private roof terraces. This property is across the road from the Muni Golf Course and a short walk to O'Henry Middle School, HEB and Maudies. It is also less than a mile to Westenfield Park / Pool / Tennis Courts, Littlefields, and Juiceland; and less than 2 miles to Austin High, Zilker Park, Barton Springs, Town Lake, Lake Austin, numerous bars and restaurants on West Lynn and West 6th St. It's proximity to MoPac delivers direct connectivity to the airport, the Domain, and highways 183, 71 and 290. This property is zoned to Austin ISD's best schools.

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Listing Snapshot
Price 
$3,250,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5998 Acres
Year Built 
N/A
MLS® Number 
1503014
Status 
Active
Property Tax 
$38,901
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.5998
Disclosures 
None
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedWater AvailableWater Connected
Water Source 
Public
Zoning 
MF-3-NP
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Exterior Features
Exterior 
Uncovered Courtyard
Lot Features 
On Golf CourseGentle SlopingNear Golf CourseNear Public TransitSubdivided
Other Structures 
None
View 
None
Waterview 
None
Community Features
Community Features 
None
Financing Terms Available 
CashConventional1031 Exchange
Horse Allowed 
Yes
Horse Property 
None
MLS Area 
1B
School District 
Austin ISD
Schools
School District
Austin ISD
Elementary School
Casis
Middle School
O Henry
High School
Austin
Listing courtesy of Muskin Elam Group LLC sally@muskin-elam.com


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. 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.
Last checked - 2025-08-08 02:41 AM CDT

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Neighborhood & Commute
Source: Walkscore
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