7503 Carriage DR, Austin, TX 78752 - MLS#5655125

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Ana Morales

ana@purerealty.com +1(737) 500-2845

$400,000

Est. payment - /mo

0.31 Acres Lot

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UPDATED:

10/21/2024 12:16 PM

Key Details

Property Type Vacant Land

Sub Type Lot

Listing Status Active

Purchase Type For Sale

Subdivision Holiday Hills Sec 01

MLS Listing ID 5655125

Originating Board actris

Annual Tax Amount $8,568

Tax Year 2023

Lot Size 0.313 Acres

Property Description

Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area of dwellings of 2500 sq ft support an average sales price of $429 per square foot projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.

Location

State TX

County Travis

Zoning SF3 NP Family Residence

Interior

Fireplace N

Exterior

Community Features None

Utilities Available Above Ground

Waterfront No

Waterfront Description None

View None

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Brown

Middle Schools Webb

High Schools Navarro Early College

School District Austin Isd

Others

Restrictions City Restrictions,Covenant,Deed Restrictions

Acceptable Financing Cash, Conventional

Tax Rate 1.8092

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Haven Path Realty LLC

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Ana Morales

+1(737) 500-2845

REALTOR® | License ID: 805621

REALTOR® License ID: 805621