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3417 E Martin Luther King Jr Blvd
Austin, TX 78721
E MLK Boulevard · Land For Sale · 6.27 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 6.27 AC |
| Property Subtype | Commercial | Tenancy | Single |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 6.27 AC |
| Tenancy | Single |
Description
East MLK Boulevard is a unique opportunity to acquire a large-scale residential development entitled with the highest density single-family zoning in Austin, located within an Opportunity Zone and burgeoning east side of Austin. The Property is located within an Opportunity Zone as created by the Tax Cut and Jobs Act of 2017. The tax benefits associated with developments within the zone will spur significant development in the area surrounding the asset over the next several years. The accompanying map shows the Opportunity Zone area, long with the Property’s location.
PROPERTY TAXES
| Parcel Number | 204502 | Improvements Assessment | $20,850,077 |
| Land Assessment | $34,379,294 | Total Assessment | $55,229,371 |
PROPERTY TAXES
zoning
| Zoning Code | SF-6 |
| SF-6 |
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