$2,300,000

Estimated payment $13,618/month

Total Views 4,423
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Mathews Elementary School Rated A
  • No HOA

About This Home

Builder Redevelopment Opportunity in Prime Clarksville1201 W 8th St | Austin, TX 78703Located in one of Austin’s most walkable and in-demand neighborhoods, 1201 W 8th St is a rare redevelopment opportunity that checks every box for builders and developers. Formerly a church and now a 6-plex, this 8,002 SF flat corner lot is zoned MLT FAM DWLG (Multi-Family Dwelling) and offers a flexible foundation for your next high-end project. With all city utilities available at the street and easy access from Blanco Street, South Lamar, and both 5th and 6th Streets, this site is ideal for a teardown and new construction.Clarksville continues to outperform the broader market, with new construction selling between $900–$1,050/SF and design-forward homes averaging under 15 days on market. Condo units directly behind the property at 620 Blanco are selling for $3M+ each, offering a potential resale value of $5.4M–$9M, depending on the build configuration. Whether your vision is a luxury single-family residence, multi-unit build, or boutique condo development, this site delivers the zoning, location, and demand to support it.Buyers in this area are high-income professionals, relocators, and second-home owners who place a premium on walkability. From this lot, you’re just steps from Clark’s Oyster Bar, Whole Foods HQ, Swedish Hill, Better Half Coffee, Pease Park, and the Lady Bird Lake Trail. The property is zoned to the sought-after Mathews Elementary School and sits among some of the most desirable infill builds in the city.With no HOA restrictions, unmatched location, and multiple exit strategies, this is a rare opportunity to build in one of Austin’s strongest performing submarkets. If you're seeking flexibility, lifestyle appeal, and long-term value in Central Austin, 1201 W 8th is the one.

Listing Agent

Carmen Collins

Real Broker, LLC Brokerage Phone: (855) 450-0442 License #0711211 Listed on: 05/12/2025

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,975

Lot Details

  • 8,015 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Tear Down

Parking

  • Common or Shared Parking

Location

  • City Lot

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Natural Gas Connected
  • Sewer Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01080105070000

Community Details

Overview

  • No Home Owners Association
  • Clarksville Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: See Remarks
  • Directions: From Mopac (Loop 1), take the 5th St exit heading east. Turn left on Blanco St, then right on W 8th St. Property is on the corner of W 8th St and Blanco St.
  • Disclosures: Seller Disclosure
  • Fencing: See Remarks
  • Other Equipment: None
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Attribution Contact: (855) 450-0442
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 10975.00
  • FEMA Flood Plain: No
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead,Over 65
  • Unit Mix: See Remarks
  • Special Features: VirtualTour

Interior Features

  • View: None
  • Appliances: See Remarks
  • Property Condition: Tear Down
  • Dining Room Type: Bedroom

Exterior Features

  • Patio And Porch Features: See Remarks
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Common

Utilities

  • Sewer: None
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Meter Description: See Remarks

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: City Lot, Corner Lot, Level
  • Parcel Number: 01080105070000
  • Lot Size Acres: 0.184
  • Lot Size Sq Ft: 8015.04
  • Subdivision Name: Clarksville

Rental Info

  • Owner Pays: See Remarks
  • Pets Allowed: Call

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10975
  • Tax Map Number: 1
  • Tax Rate: 1.97490000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $2,300,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4926911

Unlock MLS (Austin Board of REALTORS®)