Description
Prime Development Opportunity in Desirable Goodwin EC Neighborhood, East Austin! This expansive 8,063 sq. ft. lot, zoned SF-3, presents a rare opportunity for developers and investors alike in one of East Austin's most sought-after neighborhoods. With no HOA, this property offers incredible flexibility for multifamily development. Surrounding lots in the area have already been transformed with two or even three units, showcasing the potential this lot holds. Currently, the property has two structures in teardown condition, being sold as is – the true value lies in the land. The 148-foot-deep lot provides ample space for creative and profitable development. Location Highlights: - Less than 2 miles to Capital Metro’s East 5th Street Station - Under 3 miles to family-friendly spots like The Thinkery and Lady Bird Lake Hike & Bike Trail - Around 4 miles to Austin’s cultural hotspots, including Downtown Austin, the UT Tower, the Austin Convention Center, ACL Live, Moody Center, and the iconic 6th Street - Convenient access to ABIA (5 miles), Travis County Exposition Center (8 miles), Q2 Soccer Stadium (10 miles), and Formula 1’s Circuit of the Americas (13 miles) This location offers easy access to major highways, local parks, shopping, dining, and nightlife, placing you at the heart of East Austin’s vibrant community. Bring your vision to life in this prime location. Buyers are advised to conduct due diligence regarding zoning regulations, permits, and development opportunities.
