1121 Azie Morton RD, Austin, TX 78704 - MLS#7957053

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Corey Casper

corey@coreycasper.com +1(512) 876-7566

$4,495,000

Est. payment - /mo

1.52 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Hold

Purchase Type For Sale

Subdivision Zilker Hilltop Add

MLS Listing ID 7957053

HOA Y/N No

Tax Year 2023

Lot Size 1.520 Acres

Acres 1.5204

Property Sub-Type Unimproved Land

Source actris

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.

Location

State TX

County Travis

Area 7

Zoning Zoned SF3 but could buil

Interior

Fireplace N

Exterior

Community Features Park

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description Creek,Stream

View City, City Lights, Creek/Stream, Hill Country, Park/Greenbelt

Building

Lot Description Public Maintained Road, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Zilker

Middle Schools O Henry

High Schools Austin

School District Austin Isd

Others

Restrictions See Remarks

Acceptable Financing Cash, Conventional

Tax Rate 1.97

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.1121aziemorton.com/

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Listed by Christie's Int'l Real Estate • Tarek Morshed

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Corey Casper

+1(512) 876-7566

Director of Technology Development, Owner - Motto Mortgage, REALTOR® | License ID: 624807

Director of Technology Development, Owner - Motto Mortgage, REALTOR® License ID: 624807

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1121 Azie Morton RD Austin, TX 78704

Corey Casper

Key Details

Location

Interior

Exterior

Building

Schools

Others

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