1815 Cedar Austin TX 78702

$525,000

Property Description

The seller will start to review offers Wednesday 5pm. Please notify the listing agent if you plan to submit. A smaller lot with huge potential. The lot has substandard size, which gives an opportunity to reduce parking requirement, increase impervious cover and make setbacks smaller. Site plan is available and currently is pending approval with city of Austin. The optimal infill (no zoning change) for this lot is work-live condos. This type of development is very needed in the city, and easy to sell after built. The proposed development is 4 offices and 4 studios with lofts on the top. Downtown views from loft area. 7 parking spaces. The attached site plan depicts setbacks that have been approved by the city and the building footprint. Approved RSMP application. No variance needed on this lot due to the size and age of the subdivision (confirmed with city). Easy built. Estimated building size is 4500-5000 sq ft. Builder has too many projects, some of them have to go.

Property Details

  • Price: $525,000
  • MLS #: 1177732
  • County: Travis
  • City: Austin
  • State: TX
  • Zip: 78702
  • Status: Active
  • Type: Land

Property Map / Directions

MLK cross Cedar avenue.

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