just-sold

5001 Lynnwood Street

Austin, TX 78756

$625,000

Overview

  • 9,121 sq. ft. lot
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About

  • 9,121 sq. ft. lot

Property Description

LOT This property is a fantastic lot in a premier location and is perfect for development. Next door neighbor is a modern A/B project that was built in 2016. The lot has already been cleared and the project is almost entirely through City of Austin permitting. With .21 acre +/-, this property is a prime development opportunity for a single-family, townhome or condo unit. Great schools, great area amenities. Walking distance to numerous restaurants, bars and shopping outlets. Zoned Sf-3. Great opportunity for an investor/developer, owner-occupant that wants an STR opportunity or build your dream home! 9,121 sq. ft. lot (.21 acres) for sale and ready for development. Extensive architectural plans are available along with City of Austin permitting 99% complete. Plans provide for: Unit #1: ~2,550 SF, 4bdr / 3bath, master and guest/office downstairs, 2 bedrooms + family room upstairs, 1 car garage. Unit #2: 1,100 SF ADU, 3bdr / 2 bath, carport LOCATION You can’t beat this perfectly positioned location in Central Austin near Shoal Creek. It’s walkable to Burnet Road, the best street in Austin for its diversity and the local variety it has to offer. It has become so popular that it has earned its own acronym, BURO! Its home to Austin favorites like Picnik, Barley Swine, Noble Sandwich, Monkey’s Nest and Upper Crust Bakery. Just 1.5 miles to access Mopac/Loop 1 and 2.5 miles to access IH35, you can reach all of Austin easily and quickly. The property is located just 4 miles from the Capital and 5 miles to Ladybird Lake. Only 2 miles to Mueller development. Lots of bike lanes and off-road trails will get you there in minutes. The new Grove development is within walking distance and will provide premier dining and entertainment. SCHOOLS All exemplary rated public schools. Highland Park Elementary – Lamar Middle (Fine Arts Academy) – McCallum High (Fine Arts Academy) CONVENIENCE
  • Downtown – 4 miles
  • Central Market– 1 mile
  • Domain – 7 miles
  • University of Texas – 3 miles
  • Lady Bird Lake – 5 miles
  • Austin Airport – 16 miles
  • Seton Hospital – 1 mile

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