1300 And 1302 Norwalk Lane, Austin, TX

$3,250,000

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0.60

Acres

About 1300 And 1302 Norwalk Lane

A rare development opportunity in the heart of West Austin. Located on a quiet street in Deep Eddy, 1300 & 1302 Norwalk Lane currently consist of two multifamily buildings featuring a total of 6 one-bedroom units and 6 two-bedroom units, with only one unit currently vacant. This setup provides holding income while you pursue design and planning approval for redevelopment or refurbishment of the existing improvements. The property spans a gently sloping, rectangular 0.6-acre lot with dual street frontage. Zoned MF-3, it allows for up to 20,000 square feet of Gross Floor Area and up to 21 units. Preliminary schematics show a layout including a driveway and 12 x 1600 sq. ft. with 2-car garages and private roof terraces. This property is across the road from the Muni Golf Course and a short walk to O'Henry Middle School, HEB and Maudies. It is also less than a mile to Westenfield Park / Pool / Tennis Courts, Littlefields, and Juiceland; and less than 2 miles to Austin High, Zilker Park, Barton Springs, Town Lake, Lake Austin, numerous bars and restaurants on West Lynn and West 6th St. It's proximity to MoPac delivers direct connectivity to the airport, the Domain, and highways 183, 71 and 290. This property is zoned to Austin ISD's best schools.

Features of 1300 And 1302 Norwalk Lane

MLS® # 1713395
Price $3,250,000
Bathrooms 0.00
Acres 0.60
Year Built 1963
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 1300 And 1302 Norwalk Lane
Area 1B
Subdivision Westfield A
City Austin
County Travis
State TX
Zip Code 78703

Amenities

Utilities Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
Parking Attached Carport, Common, Aggregate
View None
Is Waterfront No
Has Pool No

Interior

Interior Laminate, Wood
Heating Natural Gas
Fireplace No

Exterior

Construction Brick, Clapboard, Wood Siding
Foundation Pillar/Post/Pier, Slab

Additional Information

Date Listed August 11th, 2025
Days on Market 62
Zoning MF-3-NP
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMuskin Elam Group LLC
Contact Info(512) 343-2700

Listing Map

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