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900 & 806 Willow St, Austin, TX 78702

$999,000
  • 900 & 806 Willow St, Austin, TX 78702 Main Photo

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Active
MLS#2826285
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONM K T

Property Description

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

900 & 806 Willow St | MLS# 2826285

This commercial property located at 900 & 806 Willow St, Austin, TX 78702 is currently listed for sale with an asking price of $999,000. Search Austin real estate on www.pealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.30 Acres
Taxes: $33,759
Year Built: 2028

Feature Descriptions

Area #: 5
Building Features: See Remarks
Days on Site: 167
Exterior: None
Flood Plain: No
Flooring: See Remarks
Parcel#: 190954
Parking Notes: None
Restrictions: Deed Restrictions, Development Type
Sewer: Public Sewer
Special View Info: City, City Lights
Topography: Flat
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public

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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