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Jeff McElroy · Real

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Buy landat 1902 Greenwood Ave, Austin, TX 78723

$525,000

$0/mo

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Land

11,909.3 Sq. Ft. lot

86 Days on market

8769904 MLS ID

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About 1902 Greenwood Ave land

Prime Investment opportunity in Austin, TX! This oversized SF-3 lot, spanning 11,909 sq. ft., offers a range of exciting development possibilities. With downtown views, the property benefits from recent new construction comps that support various development options under City of Austin's HOME ordinance, which permits up to three homes. Subdivision of the property would accommodate up to three additional homes, allowing for a total of six units, allowing higher density and a greater return for the developer. Conveniently located, this lot is just minutes away from UT, downtown Austin, South Congress, and the airport, and only 15 minutes from The Domain. With the lot already cleared, it's primed for a spring 2025 delivery. The survey is available in the MLS documents. buyers to complete their own due diligence.
Prime Investment opportunity in Austin, TX! This oversized SF-3 lot, spanning 11,909 sq. ft., offers a range of exciting development possibilities. With downtown views, the property benefits from recent new construction comps that support various development options under City of Austin's HOME ordinance, which permits up to three homes. Subdivision of the property would accommodate up to three additional homes, allowing for a total of six units, allowing higher density and a greater return for the developer. Conveniently located, this lot is just minutes away from UT, downtown Austin, South Congress, and the airport, and only 15 minutes from The Domain. With the lot already cleared, it's primed for a spring 2025 delivery. The survey is available in the MLS documents. buyers to complete their own due diligence.

Property details

Horse amenities

None

Lot features

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Other structures

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Possession

Close Of Escrow

Showing contact type

Agent

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Utilities

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Monthly cost

Estimated monthly cost

$3,801/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jun 5, 2019

Price

-

DatePrice
Jun 5, 2019-

Schools

This home is within the Austin Independent School District.

Austin enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$493,500

+$15,750

$509,250

Seller agent commission$15,750 (3%)*

$0 (0%)

Buyer agent commission$15,750 (3%)*

$15,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:30 p.m.

Data updated: Aug 27, 2024 at 6:43 p.m.

Property listed by Real 5129603253 512-813-9500
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Listing Information © 2024. Data courtesy of the Austin Board of REALTORS®. All Rights Reserved.

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