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900 & 806 Willow St, Austin, TX 78702

$1,250,000
  • 900 & 806 Willow St, Austin, TX 78702 Main Photo

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Active
LOT SIZE 0.299 acres MLS#4653119
STATUSActive PROPERTY TYPELand SUBDIVISIONM K T SCHOOLAustin ISD

Property Description

Two Vacant Lots, One Unmatched Opportunity in East Austin Presenting a truly unique investment: two adjoining vacant land parcels at 806 and 900 Willow Street, available for sale together. Located in the coveted East Cesar Chavez neighborhood, these cleared lots offer a combined development opportunity with significant upside in one of Austin's most dynamic areas. The total combined area is 0.299 acres (94' x 138.5'). Please note, tax and property details on this listing may pertain only to one of the two parcels. Buyers should verify all data for both lots. This rare offering allows for a multi-faceted development strategy. The strategic zoning of each lot, particularly the SF-3-NP parcel, provides an opportunity to leverage the City of Austin's HOME Initiative. This forward-thinking program allows for increased density, paving the way to build multiple units on the combined land. This valuable density is a crucial factor in achieving a great return on investment, as it allows a builder to spread land and construction costs across more units. The total buildable area provides a developer with the flexibility to plan a cohesive project, maximize density, and achieve economies of scale in construction. This is an unparalleled chance to acquire a large-scale development site in a high-demand, high-growth urban core. The proximity to downtown Austin and the area's strong market for new residential units make this a compelling and financially sound investment. Seize this opportunity to create a landmark residential project in East Austin.

900 & 806 Willow St | MLS# 4653119

This land located at 900 & 806 Willow St, Austin, TX 78702 is currently listed for sale with an asking price of $1,250,000. The property has approximately 0.30 Acres. & 806 Willow St is located within the Austin ISD school district. Search Austin real estate on www.pealestate.com today.

Property Features

Property Type: Land
Lot Size: 0.30 Acres
Taxes: $33,759

Feature Descriptions

Area #: 5
Days on Site: 217
Flood Plain: No
Lot: Alley Access, City Lot, Cleared, Corner Lot, Few Trees, Level, Near Public Transit, Open Lot, Views
Lot Dimensions: 94x138.5
Mineral Rights: None
Parcel#: 190954
Restrictions: Deed Restrictions, Development Type, Zoning
Sewer: Public Sewer
Special View Info: City, City Lights
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public

Local Schools

High School: Austin
Middle School: Martin
Elementary School: Sanchez
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Contact: (512) 699-8507

Shown By

Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City

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Estimated Payment

$ 5,959.79 per month $2,781.96 Principal & Interest $2,813.25 Property Tax $364.58 Homeowner's Insurance

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