Prime development opportunity in the heart of the Webberville Entertainment District, surrounded by top destinations like Kitty Cohens, Murrays Tavern, Veracruz Tacos, and Desnudo Coffee.The property features fully approved site plans and building permits for a ~5,300 SF boutique short-term rental (STR) villa compound, offering a rare, near shovel-ready opportunity in one of Austins most dynamic corridors. Skip the entitlement process and move directly into development or adapt the existing floor plans for your need with a Site Plan AmendmentThe approved design consists of a dual-villa layout:A 7-bedroom, 4.5-bath, three-story primary villa designed to accommodate large groupsA 4-bedroom, 3-bath, two-story secondary villa providing additional capacity.This configuration creates a highly functional boutique hospitality-style asset, ideal for group travel, co-living, or hybrid STR strategies with multiple rentable units.Zoned CS-CO-MU-NP, the site allows for a wide range of uses including retail, restaurant, creative, or hospitality. The approved building footprint can also be modified for an alternative or less intensive use through a City site plan modification, providing additional optionality for developers. Can be changed into single story restaurant, or other uses under CS-CO-MU-NPIdeal for investors or developers seeking a streamlined STR villa project with scale, flexibility, and immediate proximity to East Austins top entertainment nodes.
Listed By
Agency Name: 3rd Angle Realty LLC
Agency Contact: (512) 573-8804
Shown By
Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City
Estimated Payment
$ 1,872.21 per month $1,168.42 Principal & Interest $550.67 Property Tax $153.13 Homeowner's Insurance
2307 Coronado St | MLS# 5191252
This land located at 2307 Coronado St, Austin, TX 78702 is currently listed for sale with an asking price of $525,000. The property has approximately 0.13 Acres. Coronado St is located within the Austin ISD school district. Search Austin real estate on www.pealestate.com today.