512-993-0842
1300 Norwalk Ln, Austin, TX for Sale
Commercial LAND - FOR SALE
1/7
26,136 SF

1300 Norwalk Ln
Austin, TX 78703
Westfield


HIGHLIGHTS

  • MF-3 zoning allows nearly 20,000 sq ft to be built on this ± 0.6 acre lot which also has dual street frontages.
  • MF-3 zoning allows for a maximum density of 21 units (36 units per acre) on this lot.
  • Preliminary drawings indicate 12 x 1,600 sq ft condominiums could be built with 2-car garages and private roof terraces.
  • Recent sales of neighboring 1,500 sq ft condos range from $750K to $1M+, and avg. sale price of Single Family Homes within 1 mile is $1.9M.

OVERVIEW

Seize a rare opportunity to own a multifamily property in the highly desirable Deep Eddy neighborhood of Inner-West Austin. 1300 & 1302 Norwalk Lane, Austin, Texas 78703, is a 0.6-acre site comprising two older-vintage buildings offering a balanced mix of 12 income-producing apartments. This property provides both immediate investment returns and significant future development potential in one of Austin’s most sought-after residential neighborhoods. EXCEPTIONAL LOCATION - Positioned just west of downtown Austin, off Exposition Boulevard, between Lake Austin Boulevard and Enfield Road - Part of the well-established Tarrytown, Deep Eddy, and Old West Austin neighborhoods, celebrated for their blend of historic charm and convenient, modern living - Easy access to downtown via Lake Austin Blvd, and MoPac Expressway (Loop 1) ensures convenient commutes to North and South Austin, the Domain, the airport and other major roadways

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.6 AC

LAND SF

26,136 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

112976

ASK ABOUT THIS PROPERTY

Sally BurnsMuskin | Elam GroupMore Info
512-993-0842

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Sally BurnsMuskin | Elam GroupMore Info
512-993-0842

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.