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Residential Land For Sale

Picture of Residential Land For Sale in Austin, Texas, United States

$815,000

2802 Perry Ln
Austin, Texas, United States

Listed By: Realtyww Info

Listed On: 05/18/2023

Listing ID: GL10494517 View More Details

Description

Calling all builders and developers! Don't miss out on this incredible opportunity presented by the large 1/4 acre, corner lot located in the highly sought-after Central Austin/Highland Park area. This prime location offers endless possibilities for creating a remarkable development. Situated in a fantastic location, this lot is surrounded by a vibrant community with an abundance of shopping and dining options just moments away. Residents will appreciate the convenience of nearby amenities and the lively atmosphere this neighborhood provides. This property offers quick access to Mopac, allowing for seamless navigation throughout Austin. Whether you're heading to downtown, exploring different neighborhoods, or accessing major employment centers, the convenience of this location cannot be overstated. Currently, there is an existing house on the property that presents an attractive investment opportunity. The house is leased at $2, 520 per month until 4/30/24, providing immediate cash flow while you navigate planning and permitting processes with the City of Austin. This offers flexibility and financial stability during the development phase. With its favorable zoning and location, this corner lot provides ample space and potential for a visionary project. Create a stunning residential development, construct multiple units, or explore other possibilities to maximize the potential of this property. This is an extraordinary chance to seize a prime piece of Central Austin real estate. Don't delay - start envisioning your next venture today and capitalize on the endless possibilities this remarkable property holds.

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Listed by: Austinvestors
Source: The World Property Journal

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