1106 LOTT AVENUE, AUSTIN, TX 78721

Homes for sale in Austin.

Homes for sale in 78721.


Active

List Price$677,000

1106 Lott Avenue

Austin, TX 78721

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #3235259

Lots / Land

Type

About This Property

1106 Lott Avenue | 1.45 Acres | East Austin Infill with MF Upside | The property encompasses approximately 1.446 acres, equivalent to about 62,988 square feet and sits on elevated, level ground with city views, no floodplain, and easy access to downtown (just 4 miles away). For experienced infill developers, this is the kind of clean, straightforward opportunity that's getting harder to find. You can build 3 large single-family homes now under current SF-3 zoning, or go for the highest and best use: a 14-unit site condo community. Embedded water/sewer lines are present at the build site. Architectural plans from 2012--2013 are also available for a reference of where lines are located. Owner/Agent is willing to Joint Venture, carry a 2nd lien, or get creative with the right partner. If you're looking for a project with strong fundamentals, flexibility, and a big upside -- this is it.

Property Features

Location Information

County

Travis

Subdivision

Green Valley 1 Amd

County

Travis

Directions

South on Airport, Left on Oak Springs, Left on Springdale, Left on Ledesma, Left on Lott.

Area

5

Exterior Features

Is New Construction

No

Zoning

Currently zoned SF-3, all

Water / Sewer

Public Sewer

Waterfront Description

None

Water

Public

Has Waterfront

No

Fencing

None

Has View

Yes

Lot Size in Acres

1.446

View

City

School

Elementary School District

Austin ISD

Middle School

Martin

Elementary School

Ortega

High School

Eastside Early College

Additional Information

Other Utilities

See Remarks

APN

02082109210000

Property Type

LL

Status

Active

Property SubType

Unimproved Land

Documents Available

Appraisal, Building Plans, Feasibility Study, Topographical Survey, Survey

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Mortgage Calculator

$3,160

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,439

Monthly Tax

$564

Monthly Insurance

$157

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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