$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.
©2022 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 #4817736 Courtesy of Keller Williams Realty. 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.
