$620,000
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5,357 Sqft Lot
SOLD DATE : 06/25/2021
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Sold
Purchase Type For Sale
Subdivision College Heights Add
MLS Listing ID 2336402
Sold Date 06/25/21
Originating Board actris
Annual Tax Amount $1,672
Tax Year 2020
Lot Size 5,357 Sqft
Lot Dimensions 45 X 120
Property Description
Great development opportunity! Check out this east Austin treasure located on Hamilton Ave a.k.a “Richard Overton Ave.” Home is a tear down with potential
(unobstructed) panoramic downtown views of the Frost Bank, Capital and UT Tower from second or third level. Look out the kitchen window, you’ll see downtown building tops, so imagine what a second level will reveal. The lot features alley access, corner lot, SF3 zoning, walkability, close proximity to downtown, restaurants, parks, etc. Development standards for this type of zoning: 40% building coverage (2,160 SF approx.), 45% imperious coverage (2,430 Sf approx.) and 35 ft max height. Check out MLS# 9810879 listing for comp on purchase and MLS# 5340837 listing for ARV. Both lots are very similar in size as to Hamilton. No survey, as-is, Per TCAD lot is 45 X 120 about 5,400 SF. Buyers, please verify development questions with COA.
Location
State TX
County Travis
Zoning SF-3
Interior
Fireplace N
Exterior
Exterior Feature Exterior Steps
Fence Back Yard, Chain Link
Community Features Library, Park, Pet Amenities, Pool, Restaurant, Sidewalks, Walk/Bike/Hike/Jog Trail(s
Utilities Available Above Ground, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Downtown
Building
Lot Description Alley, Back Yard, Corner Lot, Front Yard
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Blackshear
Middle Schools Kealing
High Schools Eastside Memorial
Others
Restrictions City Restrictions
Acceptable Financing Cash
Tax Rate 2.226665
Listing Terms Cash
Special Listing Condition Standard
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Bought with Austin Summit Group
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