931 E 55th Street, Austin

$575,000

0 Bed
0 Bath
.28 Acre
0 Garage

Loads of development potential on this flat/unencumbered 60' x200' /12,057sf lot with income generation/great tenant at $1500/month through 3/2023. Maximum development potential is 4,823sf of floor area. Feasibility study, elevation and tree survey provided. No heritage trees to stand in your way of maximizing development. Zoned SF-3-NP permitting main house with ADU or a duplex/condo regime. Within a 1/4 mile of a transit stop so no third onsite parking space required for ADU. Surrounded by new construction on quiet hidden gem of a street in a fantastic pocket of Central Austin 5 minutes to Downtown/UT/Capitol. Value in the land, but cute/low maintenance rental property while architectural plans are drawn. Buyer advised to perform all due diligence. Do not disturb tenant. Dog on site. Interior showings by appointment only after 6p and by appointment on the weekends. Owner/agent

Essential Information
MLS® #5537729
Price$575,000
Bathrooms0.00
Acres0.28
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address931 E 55th Street
Area4
SubdivisionHill
CityAustin
CountyTravis
StateTX
Zip Code78751
Amenities
ViewNone
WaterfrontNone
Utilities

Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Lot Description

Back Yard, Cleared, Level, Open Lot, Few Trees

School Information
DistrictAustin ISD
ElementaryRidgetop
MiddleLamar (Austin ISD)
HighMcCallum
Additional Information
Date ListedMay 14th, 2022
Days on Market10
ZoningSF-3
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 24th, 2022 at 4:31am 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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