5017 E M L King Jr BLVD

Austin, TX 78721

For Sale $3,500,000

Listed 828 days ago for $3,500,000
  • Status: Active
  • Property Type: Multi Lots (Adjacent)
  • County: Travis
  • School District: Austin ISD
  • Subdivision: Fort Branch Creek Subdivision
  • $/SqFt:
  • Lot Size: 2.826 acres
  • Est. Taxes: $5714
  • Association/HOA : No
  • Waterfront: No
  • Private Pool: No
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.

Lot Features
Back to Park/Greenbelt, Views
Waterfront Features
Creek
Other Structures
None
Utilities
None
Water Source
None
Green Energy Efficiency
None
Community Features
None
Listing ID
3673867
Sub Agency Compensation
0.000%
Buyer Agency Compensation
3%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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