$4,200,000

1121 Azie Morton RD, Austin, TX 78704

Land
Built in ——
1.52acre lot
—— car garage
$——/sqft
Listed 6 months ago

Property Description

Welcome to 1121 Azie Morton, nestled in the heart of Austin's coveted Zilker neighborhood. Here, amidst the vibrant energy of the city and just steps away from the soul of Austin, Barton Springs Pool, famed Zilker Park, ACL festival grounds, and minutes to downtown lies a special and unicorn parcel in Zilker. An expansive 1.5-acre lot with possibility of amazing city views awaits your vision.. The possibilities that await on this remarkable parcel of land are endless. Per a comprehensive land study recently completed, up to 23k sq ft can be developed inclusive of all protected trees for an incredible family estate with primary home, in-law living structure and even a guest house for a truly unique generational estate on one parcel surrounded by nature yet minutes to all. Per the same feasibility study, a visionary developer could easily build 3500-4500 sq ft individual homes with private lots and pools. At current price and assuming $900/ft exit prices 1.5-2 years out, the site projects to a 15-20% project rate of return. Seller is open to creativity and flexibility on the development side. Rarely do opportunities like this present themselves—seldom can lots of this size and location in Zilker be found again. Don't miss your chance to be part of something truly extraordinary and creating memories that lasts generations.

Listing Status:: Active
Listing Office:: Christie's Int'l Real Estate : (512) 270-8586
Listing Agent:: Tarek Morshed : (512) 799-8001
MLS ID:: 7957053

Other Structures: See Remarks

HOA Amenities: Park
Originating MLS: actris
School District: Austin ISD
County: Travis

Zoning: Zoned SF3 but could builLOT 3 ZILKER HILLTOP ADDN01030603760000
View: CityCity LightsCreek/StreamHill CountryPark/Greenbelt

Utilities: Electricity AvailableSewer AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: actris

This listing courtesy of Tarek Morshed, Christie's Int'l Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Zilker Elementary School

1900 Bluebonnet Ln, Austin, TX, 78704

Grades PK-5

0.50 miles away

Austin St Hospital

1111 W 6th St, Austin, TX, 78703

Grades 5-12

1.26 miles away

Austin High School

1715 W Cesar Chavez St, Austin, TX, 78703

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.