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- Contact
- (512) 555-1212
Austin, TX 78705
This exceptional 11,000 sq foot lot is situated in the highly desirable UNO overlay area of West Campus, just a short 10-minute walk from the University of Texas in Austin. It presents a fantastic opportunity for land development. The property currently consists of a 5-plex, with each unit offering 4 bedrooms and 2 bathrooms, all of which are currently leased for $4,395 per month, with leases in place until July 31st, 2024. Looking ahead, there is tremendous potential to pre-lease each unit for $4,795 per month from August 2024 to August 2025, providing a valuable time window for planning, obtaining permits, and preparing for the construction of a high-rise apartment complex on the site. It is recommended to consult the UNO overlay regulations for specific guidelines regarding building height, number of units, parking requirements, and other considerations. This represents one of the last remaining opportunities to construct a high-rise building in this sought-after location near the University of Texas. Don't miss your chance to seize this unique and promising opportunity to create a remarkable high-rise development in this highly coveted area. Ask about the option to also purchase the property to the left, also 11,000 sq feet of land, and the property to the right about 5,500 sq feet of land. If all 3 properties are acquired a 27,500 sq foot UNO Overlay Land can be acquired opening the possibility for a great large-scale development in West Campus.
Listed by Resavvy LLC
| MLS ID | ACT6861589 | |
| Status | Active | |
| Days Active | 1016 | |
| Est. Tax | N/A | |
| Lot Size | 0.2501 | |
| Year Built | 2000 | |
| Total Bedrooms | 0 | |
| 1st Floor Bedrooms | ||
| Full Baths | ||
| Half Baths | ||
| Square Feet | 0 | |
| Price Per SqFt | N/A | |
| Garage Spaces | ||
| Fireplace(s) | ||
| Fireplace Info | ||
| Flooring | Tile, Wood | |
| Stories | ||
| Pool | No | |
| Courtesy of | Resavvy LLC (512) 762-8669 | |
| Subdivision | Graham | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ||
| Construction | HardiPlank Type, Stone Veneer | |
| Foundation | Slab | |
| Fencing | ||
| Elementary School | |
| Middle School | |
| High School |
| Appliances | ||
| Heating | Central | |
| Cooling | Central Air | |
| Exterior Features | ||
| Lot Features | ||
| Community Features | ||
| Patio Features | ||
| Structures | None | |
| Interior Features | ||
| Courtesy of | Resavvy LLC(512) 762-8669 | |
| Fencing Features | ||
| Parking Features | Off Street | |
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