Ideal Re-Development Play For Commercial Use!
$4,500,000
8701-03 US 290 Highway W, Austin, TX 78736
4.477 acres
Lot Area
Details:
Description:
Priced at $4.5 million, this is an ideal redevelopment property for mixed use. See attached flyer with links to photographs and drone videos.
The 4.477 acres has two homes, a metal workshop with office, a cinder block storage/garage and a pool. The homes were built in the early 1970's and are in good structural shape in need of updating. However, the value is in the land and location.
Being on Hwy 290, 1 ½ miles West of Austin City Limits and in the Austin ETJ, there are no zoning or parking requirements. The existing structures are on well water and septic tank, however city water is in the street and sewer is close by. The property also comes under Chapter 245 of the Local Government Code (HB1704 enacted), which will allow up to 75% impervious cover. See disclaimer below. Please contact me to tour the property.
Note: The property has potential for 75% impervious cover if grandfathered under Chapter 245 of the Local Government Code, however the broker and the seller are not making
Documents:
| Title | ||
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| Investment Flyer |
Location
Gallery
