607-611 Nelray BLVD Active Save Request In-Person Tour Request Virtual Tour
Austin,TX 78751
Key Details
Property Type Vacant Land
Sub Type Multiple Lots (Adjacent)
Listing Status Active
Purchase Type For Sale
Subdivision Northfield Add
MLS Listing ID 6234898
Originating Board actris
Annual Tax Amount $31,505
Tax Year 2024
Lot Size 0.560 Acres
Property Description
Discover 0.56 acres of prime MF-3 zoned land across three contiguous lots, totaling 24,477 sq. ft. This flat, lightly wooded property is perfect for high-density residential redevelopment. Currently, the site features two duplexes and one single-family home, all fully leased, generating steady income while you plan your project.
Take advantage of the existing rental income while you secure permits and finalize development plans. This is a fantastic land play in one of Austin’s most desirable neighborhoods.
Location
State TX
County Travis
Zoning MF-3: Medium-density multifamily zoning for apartments, townhomes. CO: Conditional Overlay ETOD: East Transit Oriented Development for higher density near transit. DBETOD: Dual Buffer ETOD with extra guidelines. NP: Neighborhood Plan guides land use.
Interior
Fireplace N
Exterior
Fence Back Yard,Fenced,Wood
Community Features None
Utilities Available Above Ground,Cable Connected,Electricity Connected,High Speed Internet,Natural Gas Connected,Phone Connected,Sewer Connected,Underground Utilities,Water Connected
Waterfront Description None
View None
Building
Lot Description Back Yard,Front Yard,Level,Near Public Transit,Public Maintained Road
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Reilly
Middle Schools Lamar (Austin Isd)
High Schools Mccallum
School District Austin Isd
Others
Restrictions None
Acceptable Financing Cash,Owner May Carry
Tax Rate 1.8092
Listing Terms Cash,Owner May Carry
Special Listing Condition Standard