Listed by Jackson Williams of John P. Cummings Jr. ((512) 656-8030)
Unique covered land opportunity in the heart of central Austin. Ideal for builders looking for small MF development and recent zoning changes should allow three-unit residential on the property (SF-3 zoning). Current architectural plans for single-family home plus ADU convey with the sale. Two leases have been secured for a projected $45,516 in NOI ($4,800 per month) and offer income while plans are being processed (6.51% cap rate). Home is being marketed as a tear down.

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"Based on information submitted to Unlock MLS as of October 30, 2026 10:24 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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