5017 M L King Jr Austin TX 78721

$3,500,000

Property Description

Outstanding investment in the quickly growing 78721 area of East Austin.Located in the Opportunity zone and Imagine Austin corridor. Approved subdivision with 8 lots total.3 are cottage lots where you can build one door but with more FAR.5 are SF3 where you can build 2 doors for a total of 13 doors.Other options might be to up-zone to MF or use Affordability Unlocked for a potential of 8 doors per lot.Architectural concept and project layout available.

Property Details

  • Price: $3,500,000
  • Acres: 3
  • MLS #: 3673867
  • County: Travis
  • City: Austin
  • State: TX
  • Zip: 78721
  • Status: Active
  • Type: Land

Property Map / Directions

On MLk between Springdale and 183

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