1121 Azie Morton RD Austin, TX 78704
1.52 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Hold
Purchase Type For Sale
Subdivision Zilker Hilltop Add
MLS Listing ID 7957053
HOA Y/N No
Tax Year 2023
Lot Size 1.520 Acres
Acres 1.5204
Property Sub-Type Unimproved Land
Source actris
Property Description
The possibilities that await on this remarkable parcel of land are endless. Per a comprehensive land study recently completed, up to 23k sq ft can be developed inclusive of all protected trees for an incredible family estate with primary home, in-law living structure and even a guest house for a truly unique generational estate on one parcel surrounded by nature yet minutes to all. Per the same feasibility study, a visionary developer could easily build 3500-4500 sq ft individual homes with private lots and pools. At current price and assuming $900/ft exit prices 1.5-2 years out, the site projects to a 15-20% project rate of return. Seller is open to creativity and flexibility on the development side.
Rarely do opportunities like this present themselves—seldom can lots of this size and location in Zilker be found again. Don't miss your chance to be part of something truly extraordinary and creating memories that lasts generations.
Location
State TX
County Travis
Area 7
Zoning Zoned SF3 but could buil
Interior
Fireplace N
Exterior
Community Features Park
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description Creek,Stream
View City, City Lights, Creek/Stream, Hill Country, Park/Greenbelt
Building
Lot Description Public Maintained Road, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Zilker
Middle Schools O Henry
High Schools Austin
School District Austin Isd
Others
Restrictions See Remarks
Acceptable Financing Cash, Conventional
Tax Rate 1.97
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.1121aziemorton.com/
