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902 & 904 E 7th St

Austin, TX 78702
  • $3,500,000
  • STATUS: Active
  • MLS #: 5709332
UPDATED: 33 min ago
$3,500,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Tony Lazarov of Resavvy LLC: (512) 762-8669.

Description

TOD zoned land in top location with DT views. A fantastic location for a mixed-use development. A 60ft high mixed-use development is going up to the East of those lots on E 7th st. A brand new high-end office building is going up on E 8th. New rules allow for up to 90ft mixed-use in TOD Zoning, see the article here - https://www.austinmonitor.com/stories/2022/06/council-approves-new-mixed-use-development-rules-and-launches-separate-corridor-proposal/ . Currently, there are 2 small houses on each lot, both properties have existing leases for ~$5k/side to allow time for developers to work plans etc. Links below for the new ALTO and Inf1nity Views projects which are right adjacent to Class A office space next door newly under construction. https://www.loopnet.com/Listing/924-E-7th-St-Austin-TX/23760735/ and https://www.loopnet.com/Listing/809-E-8th-St-Austin-TX/24677303/ Clear unobstructed views of downtown. Located in the Saltillo transit-oriented development (TOD) plan which allows for greater development potential, mixed use, and less parking. Ready to make your mark in downtown Austin? 902 & 904 E 7th Street gives you the rare opportunity to own a thrilling piece of the action near Highway I-35, close to all the hottest nightlife spots and shops that downtown offers. Enjoy stunning, panoramic skyline views from your front door and take on the exciting investment project of a lifetime. 2 lots combined you can own a quarter of an acre in the middle of Central Austin!

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-29T09:00:58.29.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-29T09:00:58.29 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.mammothrealty.net/homes/137785348
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902 & 904 E 7th St Austin, TX 78702

  • Price: $3,500,000
  • Status: Active
  • On Site: Days
  • Updated: 33 min ago
  • MLS #: 5709332
0
Beds
0
Baths
0
½ Baths
0.27
Acres
Neighborhood:
Robertson S & L M South Pt
County:
Travis
Area:
Austin
Elementary School:
Sanchez
Middle School:
Martin
High School:
Austin
School District:
Austin ISD
Property Description
TOD zoned land in top location with DT views. A fantastic location for a mixed-use development. A 60ft high mixed-use development is going up to the East of those lots on E 7th st. A brand new high-end office building is going up on E 8th. New rules allow for up to 90ft mixed-use in TOD Zoning, see the article here - https://www.austinmonitor.com/stories/2022/06/council-approves-new-mixed-use-development-rules-and-launches-separate-corridor-proposal/ . Currently, there are 2 small houses on each lot, both properties have existing leases for ~$5k/side to allow time for developers to work plans etc. Links below for the new ALTO and Inf1nity Views projects which are right adjacent to Class A office space next door newly under construction. https://www.loopnet.com/Listing/924-E-7th-St-Austin-TX/23760735/ and https://www.loopnet.com/Listing/809-E-8th-St-Austin-TX/24677303/ Clear unobstructed views of downtown. Located in the Saltillo transit-oriented development (TOD) plan which allows for greater development potential, mixed use, and less parking. Ready to make your mark in downtown Austin? 902 & 904 E 7th Street gives you the rare opportunity to own a thrilling piece of the action near Highway I-35, close to all the hottest nightlife spots and shops that downtown offers. Enjoy stunning, panoramic skyline views from your front door and take on the exciting investment project of a lifetime. 2 lots combined you can own a quarter of an acre in the middle of Central Austin!
Exterior Features

Exterior Features Exterior StepsSee Remarks Fencing GateWood Lot Features Alley AccessBack YardCity LotFew TreesInterior LotNear Public TransitViews Other Structures Shed(s) View CityDowntownPanoramicSkyline Waterfront Features None Waterfront YN No

Property Features

Additional Parcels YN Yes Association YN No Community Features None Estimated Taxes 29278 Fema Flood Plain No Horse YN No Listing Terms CashConventional1031 Exchange New Construction YN No Property Condition See Remarks Property Sub Type Multi Lots (Adjacent) Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 29278 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-29T09:00:58.29.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-29T09:00:58.29 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Mammoth Realty
2124 Stinson Court
Lorena TX, 76655
Property listed by Tony Lazarov of Resavvy LLC: (512) 762-8669.