1121 AZIE MORTON ROAD, AUSTIN, TX 78704
Homes for sale in Austin.
Homes for sale in 78704.
1121 Azie Morton Road
Austin, TX 78704
List Price$4,075,000
Listing #7957053
About This Property
Welcome to The Azie, Austin's Legacy Build Opportunity. Tucked just minutes from downtown, Barton Springs, and Zilker Park, this is more than just land -- it's a 1.5 acre canvas with possibility of amazing city views for a generational vision. On Azie Morton, where opportunities of this size and location are nearly unheard of, this property offers a rare chance to create a self-sustaining compound, custom estate, or visionary investment. Whether the buyer is a family looking to build a lasting legacy or a developer seeking an irreplaceable canvas, this is one of the rarest land offerings in Austin today.nestled in the heart of Austin's coveted Zilker neighborhood. Per a comprehensive land study recently completed, up to 23k sq ft can be developed inclusive of all protected trees for an incredible family estate with primary home, in-law living structure and even a guest house for a truly unique generational estate. Per the same feasibility study, a visionary developer could build 3500-4500 sq ft individual homes with private lots and pools. At current price and assuming $900/ft exit prices 1.5-2 years out as a development project, it projects to a 15-20% project rate of return. Seller is open to creativity and flexibility on the development side.
Property Features
Location Information
County
Travis
Subdivision
Zilker Hilltop Add
County
Travis
Directions
From Barton Springs Rd, head south on Robert E. Lee Rd. Property is just over 0.25 miles on the east side.
Area
7
Exterior Features
Is New Construction
No
Zoning
Zoned SF3 but could build
Possession
Closing & Funding, Close Of Escrow
Waterfront Description
Creek, Stream
Water / Sewer
Public Sewer
Has Waterfront
No
Water
Public
Has View
Yes
Lot Size in Acres
1.52
View
City Lights, City, Park/Greenbelt, Hills, Creek/Stream
School
Elementary School District
Austin ISD
Middle School
O Henry
Elementary School
Zilker
High School
Austin
Additional Information
Other Utilities
Electricity Available, Sewer Available, Water Available
APN
01030603760000
Property Type
LL
Status
Active
Property SubType
Unimproved Land
Documents Available
Aerial, Building Plans, Survey
Similar Listings
Mortgage Calculator
$19,029
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$14,684
Monthly Tax
$3,395
Monthly Insurance
$950
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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