See all 8 photos
$499,900
Est. payment /mo
7,618 Sqft Lot
Active
300 Irma Drive Austin, TX 78752
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
09/05/2024 03:24 PM
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision Sherry Dale
MLS Listing ID 3683707
Originating Board actris
Annual Tax Amount $7,310
Tax Year 2024
Lot Size 7,618 Sqft
Property Description
A prime real estate opportunity for redevelopment or land banking with some income. Favorable Austin redevelopment rules allow for 3 residences on this lot. 300 Irma is nestled in the vibrant heart of Austin, Texas. This unique property, currently structured as a duplex, offers an exceptional chance for developers and investors to tap into the city's flourishing housing market, with its true value lying in its potential for land development. Situated in a highly sought-after area of Austin, near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and other popular restaurants and shopping destinations, it's an ideal site for residential projects. The recent introduction of the HOME amendment by the City of Austin allows for the potential to build up to three residences on this lot, further enhancing its appeal. Don't miss out on this exceptional opportunity to own and develop in one of Austin's most desirable neighborhoods, a rare find in Austin's competitive real estate market, offering a lucrative opportunity for those looking to invest in a growing area. Call for details regarding our Byrne Buyers Guarantee. Register now! Buyer to verify all MLS information.
Location
State TX
County Travis
Interior
Fireplace N
Exterior
Community Features None
Utilities Available Electricity Available, Natural Gas Available
Waterfront Description None
View None
Building
Lot Description Corner Lot
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 City Restrictions
Acceptable Financing Conventional, VA Loan
Tax Rate 1.8092
Listing Terms Conventional, VA Loan
Special Listing Condition Standard
Listed by Keller Williams Realty • Clay Byrne