Russell Martin - Commercial Real Estate Showcase

Russell Martin Property Listings
Keller Williams Realty
1801 S Mopac Expressway
Suite 100
Austin, TX 78746
(512) 448-4111
(512) 448-4822

2503 Westlake Drive

Austin, TX 78746-2965 - Bee Cave/River Hills MF Submarket

Property Type:Multi-Family Number of Units:9 Status:Existing Year Built:1950
Stories:- Building Size:5,999 SF Land Area:3.2 AC (139,392 SF)
For Sale Price:$11,995,000 Price/Unit:$1,332,777.78 Cap Rate:- GRM:-


Sale Notes:
850 feet of Main Body Lake Austin Water frontage with a 26 boat slip Marina, 2 day docks, a boat ramp and three Apartment buildings (8 units). Approximately 3.2 acres. Private cove with peninsula into Lake Austin. Spectacular setting with gigantic cypress trees and excellent location. Never on the market - outstanding development opportunity. Possible boutique hotel site, restaurant site, condo site, or residential lots - subject to permitting.

Prime Lake Austin Waterfront location on prestigious Westlake Drive within Loop 360 and within the Eanes Independent School District. 6.6 miles to the center of the Central Business District (15 minutes.) and 2.32 miles to Capital of Texas Hwy.

Keller Williams Realty
Russell Martin
(512) 448-4111

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