1606 Deloney Austin TX 78721


Property Description

Introducing East Austin's last remaining unicorn - a 1.806 acre undeveloped residential tract with endless possibilities. The rectangular parcel is bisected in the center by approximately 16% floodplain (Givens Park Two wet weather creek) and the only heritage tree on the parcel is in the center of the wet weather creek. Sandwiched between two major thoroughfares: MLK Boulevard and E 12th Street, this highly desirable parcel boasts 142 feet of frontage along residential cross streets and is zoned SF-3-NP. This is a rare opportunity for the next owner to transform the property into East Austin's next highly sought-after micro neighborhood. With up to six residential lots, depending on seller due diligence, there is ample room to create a diverse community. Whether you envision duplexes, single family residences with a detached ADU or individual or two unit condominiums, this property can accommodate your vision. The City of Austin permitting and developmental processes are well-defined and with the right team obtaining the necessary approvals will be a manageable task. The payoff for your efforts will be worth it! Picture a thriving community of homes with 142 feet of frontage on both Deloney Street and E M Franklin Avenue. Don't miss your chance to bring your development dreams to life and making this undeveloped gem your own in one of East Austin's most coveted areas. But please note these IMPORTANT DEVELOPMENT SPECS: Airport Overlay: Controlled Compatible Land Use Area Zone A0-1 – Noise reduction levels are required for certain building structures. The tract is part of the East MLK Combined Neighborhood Plan. All public utilities available at the street but further development is required. Public sewer exists in center of tract per survey. Feasibility Study, Topographical Tree Survey and Survey available (see documents section). Buyer responsible for own completing own due diligence and research.

Property Details

  • Price: $2,750,000
  • Acres: 2
  • MLS #: 7256261
  • County: Travis
  • City: Austin
  • State: TX
  • Zip: 78721
  • Status: Active
  • Type: Land

Property Map / Directions

From Downtown Austin, take IH-35 northbound and EXIT MLK Blvd, turn right onto MLK and travel approximately 2 miles to E M Franklin Avenue. Travel to E M Franklin Avenue and E 17th Street. The back side of the lot (1606 Deloney) is at this intersection. To get to the front section of the lot, walk through lot to Deloney Street or continue southbound on E M Franklin Avenue to E 12th Street, turn LEFT onto E 12th Street then make immediate left onto Deloney Street. Travel northbound on Deloney until just northbound of E 16th Street. 1606 Deloney is on the LEFT side of the street after passing E 16th Street intersect.

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