1106 Lott Ave, Austin, TX 78721

$677,000

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List Price
$677,000
Status
ACTIVE
Days on Market
489
Price Change
▼ $22,000 1768541287
MLS#
3235259
Subtype
Land
Lot Size
62,987
Acres
1.45
Subdivision
Green Valley 1 Amd
Neighborhood
Green Valley 1 Amd
MLS Area Major
Austin - East

Property Description

1106 Lott Avenue | 1.45 Acres | East Austin Infill with MF Upside | The property encompasses approximately 1.446 acres, equivalent to about 62,988 square feet and sits on elevated, level ground with city views, no floodplain, and easy access to downtown (just 4 miles away). For experienced infill developers, this is the kind of clean, straightforward opportunity that’s getting harder to find. You can build 3 large single-family homes now under current SF-3 zoning, or go for the highest and best use: a 14-unit site condo community. Embedded water/sewer lines are present at the build site. Architectural plans from 2012–2013 are also available for a reference of where lines are located. Owner/Agent is willing to Joint Venture, carry a 2nd lien, or get creative with the right partner. If you’re looking for a project with strong fundamentals, flexibility, and a big upside — this is it.

Additional Information

Taxes
$14,492
Zoning
Currently zoned SF-3, al
School District
Austin ISD
Elementary School
Ortega
Middle School
Martin
High School
Eastside Early College
View
City

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Calculator source: Real Geeks

Listing courtesy of Strub Residential. Contact: (512) 902-9966

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