2724 E 12th Streets, Austin

$999,987

0 Bed
0 Bath
.6 Acre
0 Garage

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.

Essential Information
MLS® #8170877
Price$999,987
Bathrooms0.00
Acres0.60
TypeLand
Sub-TypeOther
StatusActive
Community Information
Address2724 E 12th Streets
Area5
SubdivisionDivision B
CityAustin
CountyTravis
StateTX
Zip Code78702
Amenities
FeaturesNone
ViewCity
WaterfrontNone
Utilities

Electricity Available, Sewer Available, Water Available, Cable Not Available, Phone Available

Exterior
Lot DescriptionCleared, City Lot
School Information
DistrictAustin ISD
ElementaryCampbell
MiddleKealing
HighMcCallum
Additional Information
Date ListedApril 29th, 2024
Days on Market19
Listing Details
Office Contact(972) 455-1943
Property History
Price Reduced from $1,000,000 to $999,987
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Property Listed by: Northmarq Multifamily, LLC

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 18th, 2024 at 9:16am 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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.