$2,464,000
5708 Springdale Road, Austin, TX
1.29
Acres
Rare 22 unit residential development parcel in explosive Springdale / 51st corridor. Truly transformational growth, 100s of new units within blocks of the subject parcel, arguably the hottest location in Austin. Sits on some of the highest ground in all of East Austin, homesites will have stunning views of adjacent Little Walnut Creek Park and possibly even downtown. Strategic location within minutes of Tesla, Amazon, Oracle - all 15 mins or less - downtown, UT, Central East Austin, and even ABIA and the north tech hub are only a short drive via newly improved Hwy 183. Recently rezoned to GR-MU, allowing for 22 residential units with minimal CCRs. Sites allowing for a project this scale have become scarce at best. Truly a keystone acquisition for a developer looking to leverage all the powerful assets convergent conditions of this unique urban site.
Facts & Features
| ListingFeed | abor_vow |
|---|---|
| MLS® # | 7580784 |
| List Price | $2,464,000 |
| Sale Price | $2,464,000 |
| Sale Date | March 18th, 2022 |
| Bathrooms | 0.00 |
| Acres | 1.29 |
| Type | Lots and Acreage |
| Sub-Type | Unimproved Land |
| Status | Closed |
Community Information
| Address | 5708 Springdale Road |
|---|---|
| Subdivision | Seiders Add |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78723 |
Amenities
| Utilities | Electricity Available, Sewer Available, See Remarks, Water Available |
|---|---|
| Features | None |
| View | None |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Moderate Trees, See Remarks, Trees Small Size |
|---|
School Information
| District | Austin ISD |
|---|---|
| Elementary | Pecan Springs |
| Middle | Garcia |
| High | Reagan |
Additional Information
| Zoning | GR-MU |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |