$2,100,000 292 days on market

Prime development site or massive private estate. Position your next project in the heart of East Austin’s high-growth corridor less than 1 mile from the Mueller development. The area is undergoing a massive transformation, surrounded by major projects like the Lofts at St. Stephens, the Hacienda condominiums, and the 38-unit St. Stephens III development. This 1.741-acre property is currently improved with a single-family home and an outbuilding, providing rental income during the planning phase. Currently zoned SF-3-NP, the property offers incredible flexibility: capitalize on Austin’s HOME Initiatives to achieve high density without a rezoning process, or pursue SF-6 rezoning for a townhouse/condo project similar to successful nearby developments. Complete boundary, tree, and topographic surveys are finished, a professional land planner site assessment with conceptual layouts is available upon request to qualified buyers, and the title has been researched and is currently open with Independence Title. The site features a level topography with insignificant grade changes and no jurisdictional waters or endangered species habitats, greatly simplifying site prep. Low protected tree density. Infrastructure is ready with 8-inch water and wastewater mains at the street and overhead electric on both sides of the road. Conceptual plans available to qualified buyers. Property is sold “as-is, where-is”. Seller makes no warranties, express or implied, regarding physical condition, environmental status, or developmental viability. All buyers should perform their own independent due diligence.