$996,000 $5,347 est/mo Sourced by Back At You

2724 E 12th Sts,Austin, TX 78702

Austin TX, 78702

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Description

The Site has been approved for a 19-unit entitlement with 36-foot elevation heights, a buyer is able to engage in the entitlement process to gain excess density to enable construction of a boutique podium project. On the corner of East 12th Street and MLK rail line, the Site is located in the MLK Jr. TOD and is poised to benefit from high visibility and rental traffic in East Austin, which has quickly become one of the most coveted and rapidly gentrifying areas of Austin.

Details

MLS#8170877
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site81
Listing Provided ByNorthmarq Multifamily, LLC | Diane Bates
Buying Commision2.000%

Features

Acreage0.60
Property ViewCity

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of July 19, 2024 at 7:12:35 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 2 minutes ago
StateTX
CountyTravis
CityAustin
Zip Code78702
Area5
Community NameDivision B
School DistrictMcCallum
Elementary SchoolCampbell
Middle SchoolKealing
High SchoolMcCallum
Listing VS Median (in Division B)
Price:
$996,000
low | high
Med:
$4,400
100% of Average
On Site:
81
low | high
Med:
49.000000
100% of Average
Sourced by Back At You
Listing Updated: July 15, 2024 at 12:50:07 PM PDT