Property Description

Amazing area for Airbnb, with potential easy six figures ROI. Build luxury and flip of keep. Buyer's are willing to pay a premium for high quality finishes. Sellers are highly motivated with a clear title in hand. The City of Austin should permit approximately a 3 story unit with a downtown view at a maximum 35-foot building height, or the lot can be subdivided into two separate units. There is potential to request permission to make two driveways by adding an entrance on 2nd Street. Survey and clearing lot costs are attached in the documents.This vibrant location provides lifestyle access to the surrounding neighborhood. Residents can walk or ride bikes to Lady Bird Lake, Secret Beach, and the historic Longhorn Dam. The area is filled with local breweries, country dancing venues, bass fishing spots, kayaking, and late-night taco trucks, while local bars are within walking distance.

Property Features

Local Schools