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Motivated seller. Multifamily development opportunity near the San Marcos River and the Woods of San Marcos apartment complex. Existing zoning allows up to 24 units per acre. This 2.5 acre lot was platted in 2001 and is eligible for grandfathered impact fees. Would make an ideal location for a quadplex, triplex, duplex, townhome or combination of products. Buildings would need to be elevated due to floodplain. Would be ideal for a stilted/elevated development. Numerous development options available.
|1440941 - Lot||Price Decrease - 355 days (355 days total)||$220,000 - $52,250|
|1440941 - Lot||New||$272,250|
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Property Listed by: Century 21 Randall Morris
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 30th, 2016 at 3:01pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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