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2103 Nueces St
Austin, TX 78705

390-Unit Redevelopment - Bids Due by Oct 7 · Multifamily Property For Sale · 19 Units

Investment Highlights

  • ±0.19-acre redevelopment opportunity for multifamily or student housing.
  • Convenient location 3 blocks to the UT Austin campus, 0.8 miles to the Texas Capitol, 1 mile to the medical district & 1.2 miles to downtown.
  • Streamlined access to major roadways, including Interstate 35, MoPac Expressway (Loop 1), Highway 183 & Highway 290.
  • MF-4-NP-UNO zoning allows for the potential construction up to 390 units.
  • Average annual HH income is $158,883, and the number of households is projected to grow yearly by 0.5% from 2024 to 2029 within a 3-mile radius.

PROPERTY FACTS

No. Units 19
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.19 AC
Building Size 7,178 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1915/2017
Parking Ratio 0.28/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Hardwood Floors
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+4.5 19 - 330

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
203717
Land Assessment
$1,890,000
Improvements Assessment
$2,191,757
Total Assessment
$4,081,757

zoning

Zoning Code MF-4-NP-UNO (Multifamily Residence - Moderate-High Density)
MF-4-NP-UNO (Multifamily Residence - Moderate-High Density)
  • Listing ID: 32585407

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 2103 Nueces St, Austin, TX 78705

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