$499,000

This cleared and vacant lot is located in thriving East Austin, just minutes from the University of Texas and downtown. Just begging for re-development, this parcel is conveniently located across from the Mueller subdivision, and right on the edge of the historic Wilshire Woods neighborhood. The city has approved up to a total of three units to be constructed, totaling up to +/- 6,147 sq ft (Buyer to verify, and rendering from the City of Austin has been included). This 9,544 sq ft lot is located on an alley, which allows access to the property from both the frontage on Airport Blvd, as well as the rear alley. The level lot has minimal tree interference, and utilities are already in place, making it ripe for residential developement in the Austin urban core. Modern new construction is located next door, and this is an excellent opportunity to take advantage of the new rules that the City of Austin has recently put into place, which would allow up to three structures to be built on this lot.

Listing Map