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5708 Springdale RD Austin, TX 78723
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Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Seiders Add
MLS Listing ID 7580784
Sold Date 03/18/22
HOA Y/N No
Annual Tax Amount $2,093
Tax Year 2021
Lot Size 1.290 Acres
Acres 1.29
Property Sub-Type Lot
Source actris
Property Description
Rare 22 unit residential development parcel in explosive Springdale / 51st corridor. Truly transformational growth, 100s of new units within blocks of the subject parcel, arguably the hottest location in Austin. Sits on some of the highest ground in all of East Austin, homesites will have stunning views of adjacent Little Walnut Creek Park and possibly even downtown. Strategic location within minutes of Tesla, Amazon, Oracle - all 15 mins or less - downtown, UT, Central East Austin, and even ABIA and the north tech hub are only a short drive via newly improved Hwy 183. Recently rezoned to GR-MU, allowing for 22 residential units with minimal CCRs. Sites allowing for a project this scale have become scarce at best. Truly a keystone acquisition for a developer looking to leverage all the powerful assets convergent conditions of this unique urban site.
Location
State TX
County Travis
Area 3
Zoning GR-MU
Interior
Fireplace N
Exterior
Exterior Feature None
Fence See Remarks
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available, See Remarks
Waterfront Description None
View None
Building
Lot Description Public Maintained Road, Trees-Moderate, Trees-Small (Under 20 Ft), See Remarks
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Pecan Springs
Middle Schools Garcia
High Schools Reagan
School District Austin Isd
Others
Restrictions City Restrictions,Covenant,Zoning
Acceptable Financing Cash, Conventional, See Remarks
Tax Rate 2.21399
Listing Terms Cash, Conventional, See Remarks
Special Listing Condition Standard
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Bought with Austin Home Girls Realty