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2008 E William Cannon Dr
Austin, TX 78744
Apartment Land E William Cannon, Austin, Tx · Land For Sale · 10.53 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Hold For Development
  • Hold For Investment
Total Lot Size 10.53 AC
Zoning MF-3

Description

This land is comprised of two lots, one (Lot 5)has access from William Cannon Road and the other has access from Nelms Drive (Lot 1). This Plat Approved is zoned MF-3 which allows ideally up to 36 Apartment Units per acre. There are constraints from the slope of the land, and a spring/creek running through the property that will not allow a Developer to get the 36 units per acre, hence the low price. The Seller is building a Grocery Store (which they have received their Building Permit already) on William Cannon Drive south of and contiguous with this land. The Sellers: are bringing the C. of A. W & WW from across and under the street to the property, have obtained permission to have a left hand turn lane for the east-bound traffic to easily access the property without a horseshoe / u-turn problem, have negotiated an easement and are paving a substantial driveway (can take the load of a garbage or fire truck) to the tract with the curb cut on William Cannon, and are sharing a large detention pond (only asking for help with the maintenance) all of which is free to the Buyer of this land. Please call or email me for additional information which will be very helpful.

  • Listing ID: 14905375

  • Date on Market: 1/17/2019

  • Last Updated:

  • Address: 2008 E William Cannon Dr, Austin, TX 78744

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