$2,200,000
For Sale

607 Nelray Boulevard

Austin, TX 78751
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover 0.56 acres of prime MF-3 zoned land across three contiguous lots, totaling 24,477 sq. ft. This flat, lightly wooded property is perfect for high-density residential redevelopment. Currently, the site features two duplexes and one single-family home, all fully leased, generating steady income while you plan your project.
Take advantage of the existing rental income while you secure permits and finalize development plans. This is a fantastic land play in one of Austin’s most desirable​​‌​​​​‌​​‌‌​‌‌​​​‌‌​‌​​​​‌‌​​‌‌ neighborhoods.

  • Property Details
      • Lot DescriptionBack Yard, Front Yard, Level, Near Public Transit
    • Measurements
      • Acres0.5602
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesAbove Ground Utilities, Cable Available, Cable Connected, Electricity Connected, FiberOpticAvailable, Natural Gas Connected, Hig
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNorthfield Add
    • Location
      • Middle SchoolLamar (Austin ISD)
      • School DistrictAustin ISD
      • High SchoolMcCallum
      • Elementary SchoolReilly
      • CountyTravis
  • Financial Details
      • Original List Price$2,200,000
      • Taxes Annual$31,505
      • Days on Market (Cumulative)41
  • Other
      • MLS #6234898

Location

8 Agents Online Now
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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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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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