Active
607-611 Nelray BLVD
Austin TX, 78751
$2,200,000
$90.16 per sqft
Active
0.56 Acres
Land
Discover 0.56 acres of prime MF-3 zoned land across three contiguous lots, totaling 24,477 sq. ft. This flat, lightly wooded property is perfect for high-density residential redevelopment. Currently, the site features two duplexes and one single-family home, all fully leased, generating steady income while you plan your project.
Take advantage of the existing rental income while you secure permits and finalize development plans. This is a fantastic land play in one of Austin's most desirable neighborhoods.
6234898
MLSⓇ ID
August 8, 2024
Listed
February 20, 2025
Updated
Exterior/Building Features
Lot Size
0.56 Acres
Lot Features
Back Yard, Front Yard, Level, Near Public Transit, Public Maintained Road
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
McCallum
Elementary School
Reilly
Other Property Details
Area Name
4
Taxes
$31,505
Tax Frequency
Annually
Days on Market
18
Garage
No
View
No
View Description
None
County
Travis
Water Source
Public
Pool
No
Waterfront Features
None
Utilities
Above Ground, Cable Connected, Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Zoning
MF-3: Medium-density multifamily zoning for apartments, townhomes. CO: Conditional Overlay ETOD: East Transit Oriented Development for higher density near transit. DBETOD: Dual Buffer ETOD with extra guidelines. NP: Neighborhood Plan guides land use.