2900 Webberville Rd, Austin, TX 78702

$399,999
3
BD
1
BA
1,080
SqFt

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List Price
$399,999
Status
ACTIVE
Days on Market
3
MLS#
2307904
Subtype
Residential
Year Built
1959
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,080
Lot Size
7,017
Acres
0.16
Subdivision
Lorraine Heights
Neighborhood
Lorraine Heights
MLS Area Major
Austin - Central, Austin - East

Property Description

Some properties are about the house. This one is about what you can build. Located along Webberville Road in the heart of rapidly evolving East Austin, 2900 Webberville Rd is a rare redevelopment opportunity surrounded by proof of the area’s transformation. The existing structure is a teardown and will be sold as-is; the interior will not be shown. Under current City of Austin regulations, the property may allow for up to three homes, subject to zoning, setbacks, lot configuration, utilities, and buyer verification. The potential is easy to envision—just look across the street and next door, where investors have already transformed older properties into modern homes, multifamily projects, and new residential communities. With Downtown Austin and the University of Texas nearby, this location puts you in the middle of one of Austin’s most active infill and redevelopment areas, with the downtown skyline visible from the property. The existing house may be at the end of its story, but the land is just beginning a new one. Highlights: * East Austin location on Webberville Rd * Teardown/redevelopment opportunity * Potential for up to 3 homes, subject to City approval and buyer verification * Surrounded by new construction and multifamily development * Close to Downtown Austin and UT * Excellent opportunity for builders, investors, or developers * Interior of existing structure will not be shown Buyer to independently verify all zoning, development potential, setbacks, utilities, and applicable City of Austin requirements.

Additional Information

Amenities
None
Interior Features
None
Exterior Features
Private Yard
Taxes
$7,959
Appliances
See Remarks
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Siding
Stories
1
Levels
One
Roof
Shingle
School District
Austin ISD
Elementary School
Oak Springs
Middle School
Kealing
High School
Eastside Early College

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Calculator source: Real Geeks

Listing courtesy of LoKation Real Estate, LLC. Contact: (972) 502-9095

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