0.33 Acres Lot
0.33 Acres Lot
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Subdivision Willhoite
MLS Listing ID 2979498
HOA Y/N No
Annual Tax Amount $4,835
Tax Year 2025
Lot Size 0.326 Acres
Acres 0.3262
Property Sub-Type See Remarks
Source actris
Property Description
Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs.
Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies.
Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals.
All information is deemed reliable. Buyers to verify all information.
Location
State TX
County Travis
Area 9
Interior
Fireplace N
Appliance None
Exterior
Fence None
Community Features Suburban
Utilities Available Above Ground, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Neighborhood
Porch None
Total Parking Spaces 12
Private Pool Yes
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Schools
Elementary Schools Brown
Middle Schools Lamar (Austin Isd)
High Schools Austin
School District Austin Isd
Others
Restrictions See Remarks
Ownership Fee-Simple
Acceptable Financing Cash, Conventional, FHA, Texas Vet, VA Loan
Tax Rate 1.8092
Listing Terms Cash, Conventional, FHA, Texas Vet, VA Loan
Special Listing Condition Standard
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales