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$1,200,000
Est. payment /mo
1.59 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Vacant Land
Sub Type See Remarks
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision St. Johns/Coronado Hills
MLS Listing ID 3786000
HOA Y/N No
Tax Year 2022
Lot Size 1.595 Acres
Acres 1.595
Property Sub-Type See Remarks
Source actris
Property Description
DEVELOPMENT OPPORTUNITY IN CENTRAL AUSTIN, HIGH-DENSITY ZONING
7601 Cameron Road is a 1.6-acre tract of land located in north central Austin within a 15-minute commute to downtown Austin and the Domain. The property is zoned with a vertical mixed-use overlay offering an opportunity for high-density commercial and/or residential development.
FLEXIBLE OPTIONS FOR VARYING DEVELOPMENT CONCEPTS
Current ownership has initiated several different residential development concepts, ranging from a 30-unit townhome community to a 110-unit multifamily building. Prospective developers are offered an opportunity to build new housing and take advantage of the neighborhood's strong housing prices and rental rates.
ATTRACTIVE LAND BASIS
Cameron Road is offered at a very attractive land basis offering yield opportunities for developers to custom design a concept without the need to maximize density.
7601 Cameron Road is a 1.6-acre tract of land located in north central Austin within a 15-minute commute to downtown Austin and the Domain. The property is zoned with a vertical mixed-use overlay offering an opportunity for high-density commercial and/or residential development.
FLEXIBLE OPTIONS FOR VARYING DEVELOPMENT CONCEPTS
Current ownership has initiated several different residential development concepts, ranging from a 30-unit townhome community to a 110-unit multifamily building. Prospective developers are offered an opportunity to build new housing and take advantage of the neighborhood's strong housing prices and rental rates.
ATTRACTIVE LAND BASIS
Cameron Road is offered at a very attractive land basis offering yield opportunities for developers to custom design a concept without the need to maximize density.
Location
State TX
County Travis
Area 3
Zoning GR-MU-V-CO-NP
Interior
Fireplace N
Exterior
Community Features None
Utilities Available See Remarks
Waterfront Description None
View None
Building
Lot Description None
Sewer See Remarks
Water See Remarks
New Construction No
Schools
Elementary Schools Winn
Middle Schools Webb
High Schools Austin
School District Austin Isd
Others
HOA Fee Include See Remarks
Restrictions None
Acceptable Financing See Remarks
Listing Terms See Remarks
Special Listing Condition Standard
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Listed by Live Texan Realty • Kaylan Brodnax