1800 E MARTIN LUTHER KING JR BOULEVARD, AUSTIN, TX 78702

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Homes for sale in 78702.


Active

List Price$1,049,990

1800 E Martin Luther King Jr Boulevard

Austin, TX 78702

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Listing #2223574

Lots / Land

Type

About This Property

Awesome location in Austin's MLK transit corridor with easy access to downtown and UT. With the City of Austin's new zoning ordinances, this site will support a building height of up to 60' and over 20,000 SF of rentable square footage. Consider retail/restaurant space on the first floor and residential on the upper 4 floors. Utilizing Austin's Affordability Unlock requires only 10% of the unit count to be in the Affordable category. Total residential unit SF of over 17,000 SF, with 24 or more units. Ideal configurations would be studios, and 1 and 2 bedroom units given the area demographics. The first-floor area supports over 3,000 SF of retail/restaurant space. No onsite parking is required except for ADA. No significant tree issues, flat lot, easy build. South end of lot has VIEWS TO DOWNTOWN, especially from upper floor(s). MLK is a designated transit corridor with 4-lanes and planned 20' widening, with 5 bus stops within 1 block, within walking distance to the UT @ Austin campus, 3 hospitals, the Dell Medical School, 3 Blocks East Of UT's Eastern Parking Lot. Great neighborhood with daily needs businesses on the same block (Sour Duck Bakery & Restaurant, JuiceLand, Shell, Austin Daily Press and the Wheel & Monarch Liquor). Just 4 blocks to the UT campus with the new UT Moody Center just 5 blocks away. Convenient to UT McCombs School Of Business (just 2 bus stops and 1.3 miles away). A short 25 min. walk to the Texas State Capitol Building Complex and 1/2 Mile From ST. David's Medical Center & Austin Lakes Hospital - Dell Seton Medical Center At The University Of Texas, Blackstock Family Health Center - Central Texas Medical Foundation Brackenridge Hospital - Seton Brain And Spine Institute Dell Children's Medical Center & The Heart Hospital Of Austin.Dell Children's Medical Center & The Heart Hospital Of Austin.

Property Features

Location Information

County

Travis

Subdivision

Johns C R

County

Travis

Directions

Take E Martin Luther King Jr Blvd east of I-35. The lot is on the corner of E MLK Jr Blvd and Salina St, about 1/2 a mile east of I-35.

Area

3

Exterior Features

Is New Construction

No

Lot Size in Acres

0.143

Exterior

None

Dimensions

43' x 145'

Possession

Closing & Funding

Road Description

Asphalt

Water / Sewer

Public Sewer

Waterfront Description

None

Water

Public

Has Waterfront

No

Fencing

None

Has View

Yes

Topography

Level

View

City

School

Elementary School District

Austin ISD

Middle School

Kealing

Elementary School

Campbell

High School

McCallum

Additional Information

Other Utilities

Above Ground Utilities, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

APN

02110917080000

Property Type

LL

Status

Active

Property SubType

Unimproved Land

Documents Available

Aerial

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Mortgage Calculator

$4,901

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,783

Monthly Tax

$874

Monthly Insurance

$244

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.

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