Asking Price: $600,000

Rare SF 6 ZONING, .335 acres, adjacent to COA TOD (Transit Oriented Development) Lamar/Justin Ln District! It is also located in Austin's Desired Development Zone (the preferred growth area of town where water and wastewater taps are less expensive to purchase) and outside the boundaries of the Edwards Aquifer Recharge and Verification zones. Capable of being developed with a maximum of four residential condominium units (1900-2,200 SF) with a max build height of 35 feet. Topography slope of less than 2%. No protected or Heritage trees are on or adjacent to this property. With SF-6 zoning, the property can also be developed as a single-family dwelling, 2-family dwellings, duplex, or townhomes. Incredible potential: fix and flip, continue the month-to-month lease, or develop. Great location! Walk to Highland Park. A 7-acre City of Austin park that recently completed a five-year renovation with playscapes, trails, and ball fields. Walk to MetroRail, Metro bus stops, ACC Highland, bakery, cafe/restaurants, and market—easy access to IH35, 290, 183, and Mopac. Six miles to downtown. Ten miles to ABIA Airport. SF-6 Zoning is hard to find, especially with a lot of this size. There is a 1300 sf, 1-story, 3 bedroom, 1 bath, 1949-built house on the property. Upgrades/repairs have been done over the years. However, the pier & beam foundation has some issues. The house is being sold as-is, but is still very livable. Currently tenant occupied. Value is in the lot. Buyer and buyer's agent to independently verify all information. Lot lines on photos are estimates.