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Austin,TX 78752
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision Holiday Hills Sec 01
MLS Listing ID 5655125
Annual Tax Amount $8,568
Tax Year 2023
Lot Size 0.313 Acres
Property Description
Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area of dwellings of 2500 sq ft support an average sales price of $429 per square foot projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.
Location
State TX
County Travis
Zoning SF3 NP Family Residence
Exterior
Community Features None
Utilities Available Above Ground
Waterfront No
Waterfront Description None
View None
Building
Lot Description City Lot
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Brown
Middle Schools Webb
High Schools Navarro Early College
School District Austin Isd
Others
Special Listing Condition Standard