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Property listed by Rustic Oak Real Estate 512-845-1084 {attribution_contact}
Description
Prime Development Opportunity in Desirable Goodwin EC Neighborhood, East Austin! This expansive 8,063 sq. ft. lot, zoned SF-3, presents a rare opportunity for developers and investors alike in one of East Austin’s most sought-after neighborhoods. With no HOA, this property offers incredible flexibility for multifamily development. Surrounding lots in the area have already been transformed with two or even three units, showcasing the potential this lot holds. Currently, the property has two structures in teardown condition, being sold as is – the true value lies in the land. The 148-foot-deep lot provides ample space for creative and profitable development. Location Highlights: – Less than 2 miles to Capital Metro’s East 5th Street Station – Under 3 miles to family-friendly spots like The Thinkery and Lady Bird Lake Hike & Bike Trail – Around 4 miles to Austin’s cultural hotspots, including Downtown Austin, the UT Tower, the Austin Convention Center, ACL Live, Moody Center, and the iconic 6th Street – Convenient access to ABIA (5 miles), Travis County Exposition Center (8 miles), Q2 Soccer Stadium (10 miles), and Formula 1’s Circuit of the Americas (13 miles) This location offers easy access to major highways, local parks, shopping, dining, and nightlife, placing you at the heart of East Austin’s vibrant community. Bring your vision to life in this prime location. Buyers are advised to conduct due diligence regarding zoning regulations, permits, and development opportunities.
Property Details and Features
Appliances & Equipment
- GasRange
- Microwave
Bathrooms
- 1 full bathroom
Bedrooms
- 3 total bedrooms
- 3 bedrooms on main level
Building
- Built in 1949
- Stories: 1
- 940 sqft living area
- Asbestos
- Block
- Frame
- One
Disclosures
- LeadBasedPaintDisclosure
- SellerDisclosure
- SeeRemarks
Accessibility Features
- GripAccessibleFeatures
- AccessibleEntrance
Exterior Features
- RainGutters
Fence
- ChainLink
Floors
- Concrete
- Vinyl
- Wood
Foundation
- PillarPostPier
Heating
- NaturalGas
- WallFurnace
Interior Features
- InteriorSteps
- MainLevelPrimary
Laundry
- LaundryRoom
- WasherHookup
Listing
- Property Subtype: SingleFamilyResidence
- 5 days on market
- Listed on 2024-11-01
Location
- County: Travis
- Subdivision: Goodwin E C
Lot
- 0.1851 acres
- Area: 0.1851
- BackYard
- Cleared
- CityLot
- FrontYard
- InteriorLot
- Level
- ModerateTrees
- FewTrees
- TreesMediumSize
Parking
- AdditionalParking
Possession
- ClosingAndFunding
Property
- TearDownValueInLand
- Neighborhood
Roof
- Shingle
Schools
- Elementary School: Govalle
- Elementary School District: Austin ISD
- Middle School: Martin
- Middle School District: Austin ISD
- High School: Eastside Early College
- High School District: Austin ISD
Sewer
- PublicSewer
Taxes
- Annual Amount: $10,585
- Year: 2024
Utilities
- CableAvailable
- ElectricityAvailable
- NaturalGasAvailable
- NaturalGasConnected
- HighSpeedInternetAvailable
- PhoneAvailable
- UndergroundUtilities
- WaterAvailable
- WaterConnected