$1,699,000
Austin, TX 78748
Description
Incredible opportunity to purchase almost 2 acres with potential to develop and build 15+ units in the thriving South Austin! This property is located amidst new developments - South Congress HEB, residential new build communities, the new stretch of bars, coffee shops, and eateries on Manchaca just 5 minutes away, and 3 minutes from IH35. Much of this development has happened in the last 3-5 years. Currently zoned SF2 with potential to rezone for higher density and build multiple homes (similar project just 2 parcels down Peaceful Hill). In the heart of South Austin, the 78748 zip code is located just 15 minutes from Downtown Austin and 15 minutes from the Austin airport - an incredible opportunity with many potential strategies. Buyer to do all due diligence.
Key Features
- Price $1,699,000
- Property Type Land
- Acres 2 Acres
- Utilities Electricity Connected,Sewer Connected,Water Connected
- City Austin
- Status Active
Improvements
- Exterior Features: See Remarks
- Fence: Perimeter
- Permit internet: 1
Land Features
- Area: 1.858
- Dimensions: 355x326
Other
- City: Austin
- County: Travis
- State: TX
- Zipcode: 78748
- Subdivision: CANNON W
Property Map
From South Congress Ave going South take a right on Ralph Ablanedo Dr. Then take a right on Peaceful Hill Lane and head straight for a little over a quarter of a mile. Property is located on your right.
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