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- LoopNet Team
8601 Sansom Rd
Austin, TX 78754
Land For Sale
·
0.78 AC
INVESTMENT HIGHLIGHTS
- ETJ Zoning
- Plans for multi-family developments
- In high-growth area
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.78 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Multifamily | ||
| Zoning | ETJ - See Documents | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.78 AC |
| No. Stories | 1 |
| Zoning | ETJ - See Documents |
DESCRIPTION
***HUGE PRICE DROP***The lot is .78 acres with frontage on Springdale Rd, just off Highway 290. See documents - plans have been drawn for two multi-family options, taking advantage of this lot's prime location on the booming east side of Austin. It's just five minutes from the new Austin Beerworks Brewery and three minutes from the new St. Elmo Brewing Company location, planned to open in May. This area has seen the construction of several multi-family developments in just the past two years, with growth continuing to increase. There are two structures currently on the property: -Main House - 5 bedrooms, 4 bathrooms, 2391 sq ft. The second primary suite in has its own private entrance off the patio. Easily add a kitchenette and rent it out. -Converted Garage Studio - full bath, kitchenette, about 576 sq ft. The two-car garage was finished out into a studio and is currently leased.
