Property Highlights: Zoning: MF3 zoning allows for multiple units—ideal for custom homes, duplexes, or multi-unit development. Approved Plans and Permit Included: Ready to start building with included approved plans and permit. Backs to Highland Park: Enjoy direct access to a park undergoing improvements, enhancing the neighborhood's appeal. Convenient Location: Easy access to major highways (I-35, 183, 290), Domain, Mueller, ACC, McKalla Soccer Stadium, and Crestview Station/Highland Mall light rail. Endless Design Possibilities: Create your vision with versatile zoning and proximity to urban amenities. Verify Development Details: Buyers encouraged to verify development potential with the City of Austin. This location is a GEM: Don't miss out on this rare opportunity to develop in one of Austin's most dynamic neighborhoods. Contact us today to explore the limitless possibilities of this lot!
Flat Lot, minimal trees, condo regime already in place
This cleared, vacant lot is zoned SF-3 and benefits from new density regulations permitting the construction of up to three single-family homes. Conveniently located near popular Austin attractions such as downtown and The Domain, it offers both prime real estate potential and easy access to the city's best amenities.
A prime real estate opportunity for redevelopment or land banking with some income. Favorable Austin redevelopment rules allow for 3 residences on this lot. 300 Irma is nestled in the vibrant heart of Austin, Texas. This unique property, currently structured as a duplex, offers an exceptional chance for developers and investors to tap into the city's flourishing housing market, with its true value lying in its potential for land development. Situated in a highly sought-after area of Austin, near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and other popular restaurants and shopping destinations, it's an ideal site for residential projects. The recent introduction of the HOME amendment by the City of Austin allows for the potential to build up to three residences on this lot, further enhancing its appeal. Don't miss out on this exceptional opportunity to own and develop in one of Austin's most desirable neighborhoods, a rare find in Austin's competitive real estate market, offering a lucrative opportunity for those looking to invest in a growing area. Call for details regarding our Byrne Buyers Guarantee. Register now! Buyer to verify all MLS information.
Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area of dwellings of 2500 sq ft support an average sales price of $429 per square foot projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.
DEVELOPMENT OPPORTUNITY IN CENTRAL AUSTIN, HIGH-DENSITY ZONING 7601 Cameron Road is a 1.6-acre tract of land located in north central Austin within a 15-minute commute to downtown Austin and the Domain. The property is zoned with a vertical mixed-use overlay offering an opportunity for high-density commercial and/or residential development. FLEXIBLE OPTIONS FOR VARYING DEVELOPMENT CONCEPTS Current ownership has initiated several different residential development concepts, ranging from a 30-unit townhome community to a 110-unit multifamily building. Prospective developers are offered an opportunity to build new housing and take advantage of the neighborhood’s strong housing prices and rental rates. ATTRACTIVE LAND BASIS Cameron Road is offered at a very attractive land basis offering yield opportunities for developers to custom design a concept without the need to maximize density. Call Kaylan today at 512-921-0727, for additional details, supporting materials and financials!
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 78752 has a population of 944,658. Austin 78752 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 78752 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 78752 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.