$2,750,000
Austin, TX 78721
Description
Nestled between two East Austin residential streets, Deloney Street and E M Franklin Avenue, you will discover one of East Austin’s last remaining unicorns – a 1.806 acre undeveloped residential tract zoned SF-3-NP with 142 feet of frontage per side patiently waiting to become East Austin’s next highly desirable micro neighborhood. The next owner will have the opportunity to develop (six to eight residential lots) as they wish utilizing one of the many different types of residential structures (duplexes, single family residences with a detached ADU or individual or two unit condominiums) after successfully navigating the City of Austin permitting and developmental processes. The rectangular tract is bisected in the center by approximately 16% floodplain (Givens Park Two wet weather creek) and the only heritage tree on the parcel is in the center of the wet weather creek. IMPORTANT DEVELOPMENT SPECS: Airport Overlay: Controlled Compatible Land Use Area Zone A0-1 – Noise reduction levels are required for certain building structures. The tract is part of the East MLK Combined Neighborhood Plan. All public utilities available at the street but further development is required. Public sewer exists in center of tract per survey. Feasibility Study, Topographical Tree Survey and Survey available (see documents section). Buyer responsible for own completing own due diligence and research.
Key Features
- Price $2,750,000
- Property Type Land
- Acres 2 Acres
- Utilities Electricity Available,Sewer Available,Water Available
- City Austin
- Status Contract Pending
Other
- City: Austin
- County: Travis
- State: TX
- Zipcode: 78721
- Subdivision: Division B
Property Map
From Downtown Austin take MLK east of IH-35, after crossing over Airport Blvd turn RIGHT onto the third street Deloney - property is located on the right just before you reach E 16th street. To access the E M Franklin frontage, proceed south to E 12th Street and turn LEFT and then turn RIGHT onto E M Franklin. The E M Franklin frontage is near E 17th Street.
©2023 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #6755177 Courtesy of Urban Provision, REALTORS. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
