KUEMMEL PROPERTY - UNIQUE DEVELOPMENT OPPORTUNITY IN CENTRAL AUSTIN .777 acres on a corner in Austin’s Desired Development Zone, six miles from downtown and ten miles to ABIA Airport. Three contiguous lots with two rental houses and two duplexes. (70% leased). Zoning is TOD-NP (Transit Oriented District - Neighborhood Plan) and is labeled medium-density residential & mixed-use residential. Topography slopes at a gradient of less than 2% from the NW corner of the property. FEASIBILITY STUDY AVAILABLE. Less than a mile to Crestview MetroRail and Cap Metro Rapid Bus transit station for easy access to downtown, the University of TX, and the Domain. Walk to ACC Highland, Starbucks, cafes/restaurants, and markets. The Crescent and Centercross Plaza shopping centers are minutes away. Five parks within 4.3 miles, including Beverly S Sheffield NW District Park, Elisabet Ney Museum, and the Thinkery. Easy access to IH35, 290, 183, Mopac, Lamar Blvd, and Airport Blvd. The Walkability score is 82/100, and the Biker’s Score is 96/100. (Walk Score) *NOTE: The estate also owns 6905 GUADALUPE (MLS 4542501), DIRECTLY ACROSS THE STREET .355 acres, zoned SF-6. THEY ARE ENCOURAGING A PACKAGE DEAL. The total combined acreage is 1.132 Acres.Access to the houses and duplexes will be allowed during the Option Period. Buyer and Buyers agent to independently verify all information. Lot lines on photos are estimates. Also listed as MLS #2438344
MLS# | 3563288 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1957 |
Days On Site | 8 |
Listing Provided By | Compass RE Texas, LLC | Victoria Wilson |
SQ Feet | 3,934 |
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Story(s) | 1 |
Building(s) | 4 |
Zoning | TOD-NP Medium Density Re |
Acreage | 0.78 |
Water Front | Yes |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78752 |
Area | 2 |
Community Name | Silverton Heights |
Listing VS Median (In Silverton Heights) | |
Price: $3,000,000 low | high Med: $270,348 SqFt: 3,934 low | high Med: 1,094 $ / SqFt: $763 low | high Med: $290 On site: 8 low | high Med: 220.500000 |