Austin, TX 78723,5708 Springdale RD
$2,464,000
Est.Price: ?

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1.29 Acres Lot

5708 Springdale RD Austin, TX 78723

Est. payment /mo
SOLD DATE : 03/18/2022

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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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Listed by Texas Ally Real Estate Group • David Mosrie
Bought with Austin Home Girls Realty

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agent

Connie Lundgren

Agent | License ID: 0559573

+1(512) 619-4101

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