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4810 1/2 Pecan Springs Road
Austin, TX 78723
Land For Sale
·
3.71 AC
Investment Highlights
- Rare infill redevelopment opportunity in East Austin.
- Situated within the East MLK Neighborhood Plan area.
- Located near East 51st Street, Springdale Road, and established neighborhoods.
- Future Land Use designation supports mixed residential development concepts.
Executive Summary
4806 and 4902 Pecan Springs Road offer a rare infill redevelopment opportunity in East Austin, combining two adjacent tracts into a ±3.716-acre site within the City of Austin full-purpose jurisdiction. The property is located approximately 0.1 mile south of East 51st Street and approximately 0.23 mile west of Springdale Road, placing it near established residential neighborhoods, recent condominium development, local transit service, and key east-side growth corridors.
The site is currently zoned SF-3-NP — Family Residence-Neighborhood Plan and lies within the East MLK Neighborhood Plan area, with an existing Future Land Use Map designation of Mixed Residential. Based on the engineering assessment, the property can be evaluated under several residential development concepts:
• Under current SF-3-NP zoning, the site may support a small-lot single-family subdivision and, when combined with HOME Phase 1 allowances, could produce approximately 43 residential units across 23 lots.
• A HOME Phase 2 approach may allow up to approximately 45 lots/units.
• With a rezoning to SF-6-NP, the site may support an approximately 39-unit condominium or townhome-style layout, subject to City review and final design.
Both tracts are currently developed with single-family residences and multiple outbuildings. A ±2,022-square-foot residence exists at 4806 Pecan Springs Road, and a ±2,216-square-foot residence exists at 4902 Pecan Springs Road.
The site is currently zoned SF-3-NP — Family Residence-Neighborhood Plan and lies within the East MLK Neighborhood Plan area, with an existing Future Land Use Map designation of Mixed Residential. Based on the engineering assessment, the property can be evaluated under several residential development concepts:
• Under current SF-3-NP zoning, the site may support a small-lot single-family subdivision and, when combined with HOME Phase 1 allowances, could produce approximately 43 residential units across 23 lots.
• A HOME Phase 2 approach may allow up to approximately 45 lots/units.
• With a rezoning to SF-6-NP, the site may support an approximately 39-unit condominium or townhome-style layout, subject to City review and final design.
Both tracts are currently developed with single-family residences and multiple outbuildings. A ±2,022-square-foot residence exists at 4806 Pecan Springs Road, and a ±2,216-square-foot residence exists at 4902 Pecan Springs Road.
Property Facts
1 Lot Available
Lot
| Price | $4,300,000 | Lot Size | 3.71 AC |
| Price Per AC | $1,159,029.65 |
| Price | $4,300,000 |
| Price Per AC | $1,159,029.65 |
| Lot Size | 3.71 AC |
Infill redevelopment site in East Austin near East 51st Street and Springdale Road. Positioned within the East MLK Neighborhood Plan area with mixed residential future land use designation and proximity to transit, housing, and growth corridors.
Description
Both tracts are currently developed with single-family residences and multiple outbuildings. A ±2,022-square-foot residence exists at 4806 Pecan Springs Road, and a ±2,216-square-foot residence exists at 4902 Pecan Springs Road.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,160,034 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,160,034
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