1106 Lott Ave, Austin, TX 78721

$677,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$677,000
Status
ACTIVE
MLS#
3235259
Price Change
▼ $22,000 1768541287
Days on Market
483
Lot Size
62,987
Area
Austin - East

Property Description

1106 Lott Avenue | 1.45 Acres | East Austin Infill with MF Upside | The property encompasses approximately 1.446 acres, equivalent to about 62,988 square feet and sits on elevated, level ground with city views, no floodplain, and easy access to downtown (just 4 miles away). For experienced infill developers, this is the kind of clean, straightforward opportunity that’s getting harder to find. You can build 3 large single-family homes now under current SF-3 zoning, or go for the highest and best use: a 14-unit site condo community. Embedded water/sewer lines are present at the build site. Architectural plans from 2012–2013 are also available for a reference of where lines are located. Owner/Agent is willing to Joint Venture, carry a 2nd lien, or get creative with the right partner. If you’re looking for a project with strong fundamentals, flexibility, and a big upside — this is it.

Additional Information

Taxes
$14,492
Tax Year
2021
Region
Austin - East
View
City
School District
Austin ISD
Elementary School
Ortega
High School
Eastside Early College
Middle School
Martin
Sewer
Public Sewer
Street Name
Lott Ave
Street Number
1106
Neighborhood
Green Valley 1 Amd
Water
Public
Acres
1.45
County
Travis
Lot Description
Cleared, Public Maintained Road, Split Possible, Views

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Strub Residential. Contact: (512) 902-9966

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.