1106 Lott Ave, Austin, TX, 78721 - MLS# 3235259

$677,000

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Acres 1.45
Property Type Lot
Days on Market 544

About 1106 Lott Ave

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.

Location

Legal Description LOT 6A BLK 5 GREEN VALLEY NO 1 AMENDED PLAT OF LOTS 5 & 6 BLK 5
Address 1106 Lott Ave
County Travis
City Austin
Zip Code 78721
Subdivision Green Valley 1 Amd
School District Austin ISD
MLS Area 5

Size and Restrictions

Acres 1.45
Lot Description Cleared, Split Possible, Views
Horses Allowed No
$/Acre $468,188

Improvements

Fence None

Features

View City
Water Access None

Utilities

Water Public
Utilities See Remarks

Amenities

Area Amenities None

Beds and Baths

Primary on Main No

Garage and Parking

Garage No

Financial

$/Acre $468,188
Special Conditions ZoningRestrictions
Documents Available Appraisal, Building Plans, Feasibility Study, Topographical Survey, Survey
Disclosures Owner Is Listing Agent

Property Taxes

Appraisal District Travis
Estimated Taxes $14,492
Tax ID 02082109210000
Tax Year 2021

Homeowner Association

Has HOA No

Listing Details

OfficeStrub Residential
Contact Info(512) 902-9966

Listing Map

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