Austin, TX 78751,607-611 Nelray BLVD
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Austin, TX 78751,607-611 Nelray BLVD
Austin, TX 78751,607-611 Nelray BLVD
Austin, TX 78751,607-611 Nelray BLVD
Austin, TX 78751,607-611 Nelray BLVD
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 2,200,000
Est. payment /mo
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Active

607-611 Nelray BLVD Austin, TX 78751

0.56 Acres Lot


UPDATED:

08/26/2024 06:10 PM

Key Details

Property Type Vacant Land

Sub Type Multiple Lots (Adjacent)

Listing Status Active

Purchase Type For Sale

Subdivision Northfield Add

MLS Listing ID 6234898

Originating Board actris

Annual Tax Amount $31,505

Tax Year 2024

Lot Size 0.560 Acres

Property Description

Discover 0.56 acres of prime MF-3 zoned land across three contiguous lots, totaling 24,477 sq. ft. This flat, lightly wooded property is perfect for high-density residential redevelopment. Currently, the site features two duplexes and one single-family home, all fully leased, generating steady income while you plan your project.
Take advantage of the existing rental income while you secure permits and finalize development plans. This is a fantastic land play in one of Austin’s most desirable neighborhoods.

Location

State TX

County Travis

Zoning MF-3: Medium-density multifamily zoning for apartments, townhomes. CO: Conditional Overlay ETOD: East Transit Oriented Development for higher density near transit. DBETOD: Dual Buffer ETOD with extra guidelines. NP: Neighborhood Plan guides land use.

Interior

Fireplace N

Exterior

Fence Back Yard, Fenced, Wood

Community Features None

Utilities Available Above Ground, Cable Connected, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected

Waterfront Description None

View None

Building

Lot Description Back Yard, Front Yard, Level, Near Public Transit, Public Maintained Road

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Reilly

Middle Schools Lamar (Austin Isd)

High Schools Mccallum

School District Austin Isd

Others

Restrictions None

Acceptable Financing Cash, Owner May Carry

Tax Rate 1.8092

Listing Terms Cash, Owner May Carry

Special Listing Condition Standard


Listed by Respace LLC • Daniel Pettit

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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607-611 Nelray BLVD