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S. 1st Street
2801 S. 1st Street, Austin, TX 78704
Last Verified 10/23/2009
Listing ID 16064185
1 Lot Available
Lot 1
$1,400,000
1 AC
Residential (land)
3%
- 50% zoned MF3 50% zoned GR-V
Description
Property ready for redevelopment. The lot is 1.0032 acres. Excellent
frontage on S. 1st street in the heart of 78704 zip code. The residential
portion of the lot is private and surrounded by residential development.
The front half of the property, approximately 1/2 acre, is zoned GR-V
and could be used for retail or mixed use development. If the property is
developed in accordance with the City of Austin plans for urban building
parking restrictions are lifted. The back half of the property is zoned
MF3 and is also about 1/2 acre making it possible to build up to 18 units
of condo, town home, or apartments on the back half of the lot. The project
is just south of Downtown and is ideal for live work space or retail
and well over 18 units development.
Minutes south of downtown in the heart of 78704 zip code.
Map of 2801 S. 1st Street, Austin, TX 78704 (Travis County)
Created 1/19/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.