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$575,000
Est. payment /mo
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $575,000
Subdivision Willhoite
MLS Listing ID 4450195
Year Built 1946
Annual Tax Amount $4,835
Tax Year 2025
Lot Size 0.326 Acres
Acres 0.3262
Property Sub-Type See Remarks
Source actris
Property Description
Fully Permitted 6-Unit Development Lot | Architecture + Permits Convey
Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs.
Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies.
Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals.
All information is deemed reliable. Buyers to verify all information.
Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs.
Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies.
Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals.
All information is deemed reliable. Buyers to verify all information.
Location
State TX
County Travis
Interior
Fireplace No
Exterior
Utilities Available Above Ground, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
View Neighborhood
Total Parking Spaces 12
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Others
Special Listing Condition Standard
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Listed by Keller Williams Realty-RR
NEARBY SCHOOL & BUSINESS
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