What will you do with 1.01 acres now that the new minimum lot size is 1,800sqft. (HOME Phase 2 was approved by the Austin City Council on May 17, 2024. Check the City of Austin website for details of the updates to the City’s Land Development Code (LDC)). 1.010 Acre Lot with large Main house and oversized back garage for sale in 78723. Main house is stripped to the original strong wood studs in preparation for a remodel, all original oak hardwood floors are in place, and all utilities, the garage has electric. If you add plumbing to the garage it could be a living space while you work on the main house. Remodeling the structures could be a super cool project, or you can tear down and build new. With the passage of HOME (Phase 1 AND Phase 2), your options are plentiful, especially when it comes to redevelopment. Buyer please do your due diligence and talk with the City of Austin. Unique lot near Mueller with so much potential. Quick access to Manor Rd, 51st St, Pecan Springs, MLK, I-35, 183 toll, 290, and only 12 minute drive to Downtown Austin, Tx. Short drive to several HEBs, Little Walnut Creek Greenbelt, shopping and activities at Mueller, Windsor Park, Golf Course, Dell Children’s Hospital, Rathgeber Village, and more. RARE FIND! 1+ acre Austin city lot with utilities and select 40’+ trees, sidewalks, curbs, street light, wide well maintained public road. Home buyer, Contractors, Builders, Developers, Fixer Uppers, are all welcome. Bring your creativity and tour this magnificent lot in the great city of Austin. Nearby, Tesla, airport (ABIA), Amazon, Oracle, North Austin Tech Hub. Area is hot with development on all levels of scale and property types. This lot epitomizes everything you want in a central Austin one acre lot. Nice rectangle lot and level, ready to build, if you choose this route. Google Fiber ready. Bonus: Not in a Flood Zone. Lot frontage is 180 feet, and a lot depth is 245 feet, this level lot offers a number of options for development.
If you're looking to get in on the ground floor of something big, this is it. Located in the heart of East Austin and minutes from Mueller, shopping, dining, entertainment and nightlife, as well as easy access to I-35 and 183 toll road, this .48 acre lot offers an abundance of potential. This property would be perfect for an investor who wants to build their income producing property in an amazing location or someone who wants to build a custom home near it all. You could also take advantage of the opportunity to buy the lot next door, that is listed with a different agent, and create one large development. The possibilities are endless! There are lots of new builds in this area, and it's only going to keep getting better. The house on the property is a tear down, so there is no access inside, but that means there's nothing to get in the way of your vision. Buyer to verify all info including building and city restrictions. You won't find a better opportunity in this hot location, don't wait!
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 78723 has a population of 944,658. Austin 78723 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 78723 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 78723 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.