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- LoopNet Team
2724 E 12th St
Austin, TX 78702
East 12th Development Site · Land For Sale
·
0.60 AC
INVESTMENT HIGHLIGHTS
- S +/- 0.601-acre Multifamily Garden or Podium Development Site in East Austin
- On the corner of E. 12th St. & MLK rail line, the Site is located in the MLK Jr TOD & is poised to benefit from high visibility & rental traffic
- Approved for a 19-unit entitlement with 36-foot elevation heights
PROPERTY FACTS
DESCRIPTION
Northmarq is pleased to present Lofts at East 12th Street, a ± 0.601-acre Multifamily Garden or Podium Development Site in East Austin on East 12th Street, directly South of MLK Jr. Rail Station. The Site has been approved for a 19-unit entitlement with 36-foot elevation heights, a buyer is able to engage in the entitlement process to gain excess density to enable construction of a boutique podium project. On the corner of East 12th Street and MLK rail line, the Site is located in the MLK Jr. TOD and is poised to benefit from high visibility and rental traffic in East Austin, which has quickly become one of the most coveted and rapidly gentrifying areas of Austin.
PROPERTY TAXES
| Parcel Number | 200508 | Improvements Assessment | $0 |
| Land Assessment | $996,000 | Total Assessment | $996,000 |
PROPERTY TAXES
