1121 AZIE MORTON ROAD, AUSTIN, TX 78704

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1121 Azie Morton Road

Austin, TX 78704

Status of the property has changed, please contact for details

List Price$4,075,000

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

Listing #7957053

Lots / Land

Type

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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