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901 Stobaugh St

1 Acre of Commercial Land Offered at $3,700,000 in Austin, TX 78757

Commercial Land Texas Austin 901 Stobaugh St, Austin, TX 78757

Investment Highlights

  • Siteplan (turned in but not approved) for 15 units with average unit size of 2,733.

Executive Summary

1 acre site zoned MF-2. Located in the highly desirable Crestview neighborhood. Trees are mostly on the edges of the property. Site is mostly flat. Siteplan (turned in but not approved) for 15 units with average unit size of 2,733. Buyer could use a different plan. Currently 2 houses rented on a month to month basis. Total monthly rent is $4,300. Collect rent while finalizing plans.

Financial Summary (Actual - 2023)

Annual Annual Per AC
Gross Rental Income $51,600 $51,600.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $51,600 $51,600.00
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $51,600
Annual Per AC $51,600.00
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $51,600
Annual Per AC $51,600.00
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $3,700,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Multifamily
  • Single Family Development
No. Lots 1 Total Lot Size 1.00 AC
Property Type Land
Price $3,700,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 1.00 AC

1 Lot Available

Lot

Price $3,700,000 Lot Size 1.00 AC
Price Per AC $3,700,000
Price $3,700,000
Price Per AC $3,700,000
Lot Size 1.00 AC

1 acre site zoned MF-2. Located in the highly desirable Crestview neighborhood. Trees are mostly on the edges of the property. Site is mostly flat. Siteplan (turned in but not approved) for 15 units with average unit size of 2,733.

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Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code MF-2 (Zoned for multifamily (MF-2))
MF-2 (Zoned for multifamily (MF-2))
  • Kimbrough Gray
    Kimbrough Gray
  • Vox Real Esate
(512) 740-7762

  • Listing ID: 32057116

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 901 Stobaugh St, Austin, TX 78757

More public record information on 901 Stobaugh St, Austin, TX 78757

The Land Property at 901 Stobaugh St, Austin, TX 78757 is currently available For Sale. Contact Vox Real Esate for more information.

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901 Stobaugh St
(512) 740-7762 x

901 Stobaugh St

Kimbrough Gray

(512) 740-7762

(512) 740-7762

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