Multifamily development! Infill lot in West Campus < 1 mile to University of Texas. All utilities available. Road & alley access. Zoning is SF-3-CO-NP, no deed restrictions. Surrounded by MF-3 and MF-4. Potential to change zoning. Lot measurements are 50x150 (7500 Sq Ft). Property can be subdivided up to 4 lots. Maximum building height is 35 ft, build to maximum of 4875 Sq Ft. New construction multifamily residential is extremely limited in this location and in high demand. Prime opportunity for your development! Building options include triplex; duplex; duplex + 1 single family; 1, 2, 3, or 4 single family homes.
Renovation or Redevelopment opportunity awaits! Location, location, location! 6 total units. 2 units are a 2/1 and 4 units are a 1/1. 8 total parking spots. Central HVAC on front 2 units, window units on back 4 units. Rents are way under value due to length of occupancies (currently bringing in $3850/month). Seller needs to sell. We will present all reasonable offers. Access will be granted during option period. Seller prefers to sell as package deal with 4627 Depew. Buyer must confirm all provided information.
The median home value in Austin, TX is $577,400. This is higher than the county median home value of $524,300. The national median home value is $338,100. The average price of homes sold in Austin, TX is $577,400. Approximately 41.69% of Austin homes are owned, compared to 51.62% rented, while 6.7% are vacant. Austin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Austin real estate agent to arrange a tour today!
Austin, Texas 78705 has a population of 944,658. Austin 78705 is less family-centric than the surrounding county with 35.04% of the households containing married families with children. The county average for households married with children is 36.42%.
The median household income in Austin, Texas 78705 is $78,965. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in Austin 78705 is 33.9 years.
The average high temperature in July is 95 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 34.9 inches per year, with 0.3 inches of snow per year.