2907 E Martin Luther King Jr BLVD
Austin, TX 78702
My Home Value
Priced at $575,000
.88 acre lot for development in a prime location
Sale / Lease:
Located next to the St David's community gardens and next to the 1.5-mile Boggy Creek Greenbelt trail system where you can walk your dogs. It is also conveniently located approximately 375 feet from the light rail train station for quick access to downtown Austin, and a Capitol Metro bus stop is located directly across the street. So all public transportation is conveniently located steps from the property. This .88 acre lot would be an excellent location for residential apartments, condominiums, houses, professional offices, or a restaurant. Please note that the lot may have poison oak/ivy. Current owner previously sought zoning approval for up to 3 duplexes. Property in a partial 100 yr flood plain but provides a fantastic opportunity for a developer to build units that have parking at first level to overcome insurance/buildability issues. Buyer to seek zoning approval & to confirm floodplain requirements.