$3,700,000
For Sale

901 Stobaugh Street

Austin, TX 78757
Type:Purchase
Structure:Land
Zone:Residential

Description

1 acre site zoned MF-2. Located in the highly desirable Crestview neighborhood. Trees are mostly on the edges of the property. Site is mostly flat. Siteplan (turned in but not approved) for 15 units with average unit size of 2,733. Buyer could use a different plan. Currently 2 houses rented on a month to month basis. Total monthly rent is $4,300. Collect rent while finalizing plans.

  • Property Details
      • Lot DescriptionLevel, Moderate Trees, Trees Large Size, Trees Medium Size
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Middle SchoolLamar (Austin ISD)
      • Property SubtypeMultipleParcels
      • Exterior MaterialsExterior Steps
      • SubdivisionNorthgate Add
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Original List Price$3,700,000
      • Elementary SchoolBrentwood
      • Property TypePurchase
      • High SchoolMcCallum
      • MLS #2892566
      • Cost3700000
      • MLS #2892566
      • Utility SourcePublic
      • CountyTravis
      • Taxes Annual$5,755
      • Property ConditionResale
      • Acres1
      • Days on Market (Cumulative)7

Location

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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