$2,500,000

Estimated payment $13,814/month

Total Views 4,115
0.3 Acre
$8,428,860 Price per Acre
12,920 Sq Ft Lot

Highlights

  • City Lights View
  • 0.3 Acre Lot
  • Property is near public transit
  • Kealing Middle School Rated A
  • Mature Trees
  • 1-minute walk to Chestnut Pocket Park

About This Lot

Development opportunity for two adjacent lots in the rapidly developing Chestnut neighborhood of East Austin. Together, these lots offer just under a third of an acre of prime high-traffic real estate, ready for development. Nestled in the heart of East Austin, the Chestnut neighborhood offers local charm and urban appeal. Enjoy quick and convenient access to downtown Austin, ACC, and all major highways. With significant new construction and development happening in the area, these lots present a remarkable opportunity. With the potential for vertical mixed-use development, you can maximize the use of space and capitalize on the area’s growth. Don’t miss out on this exceptional chance to invest in East Austin’s future. **Additional adjacent parcels available to bring the total acreage to .48 acres. Please call Mary Anne McMahon for additional information.**

Listing Agent

Mary Anne McMahon

Christie's Int'l Real Estate Brokerage Phone: (512) 368-8078 License #0499106 Listed on: 07/22/2024

Property Details

Property Type

  • Land

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Level Lot
  • Mature Trees
  • Few Trees
  • E 62.5' OF LOT 7&8 BLK 13 OLT 32&33 DIV B GLENWOOD ADDN

Property Views

  • City Lights
  • Woods
  • Neighborhood

Location

  • Property is near public transit
  • City Lot

Schools

  • Campbell Elementary School
  • Kealing Middle School
  • Mccallum High School

Community Details

  • Glenwood Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 200249

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Multiple Lots (Adjacent)
  • Additional Parcels Description: E 62.5' OF LOT 7&8 BLK 13 OLT 32&33 DIV B GLENWOOD ADDN
  • Additional Parcels: Yes
  • Directions: From I-35 North, take 12th Street east to Chestnut Ave. Take a left on Chestnut Ave and go down 2 blocks. The two lots will be at the corner of Chestnut and 14th.
  • Disclosures: None
  • Fencing: None
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 368-8078
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 14649.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 193.50
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 193.50
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions,See Remarks
  • Tax Exemptions: None
  • Mineral: None
  • Special Features: None

Interior Features

  • View: City Lights, Neighborhood, Trees/Woods

Exterior Features

  • Exterior Features: See Remarks
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Association/Amenities

  • Community Features: See Remarks

Schools

  • Elementary School: Campbell
  • High School: McCallum
  • Middle/Junior School: Kealing
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Alley, City Lot, Corner Lot, Curbs, Few Trees, Level, Near Public Transit, Trees-Large (Over 40 Ft)
  • Parcel Number: 200249
  • Lot Size Acres: 0.2966
  • Lot Size Sq Ft: 12919.9
  • Subdivision Name: Glenwood Addn

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Rate: 1.81000000000000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,587 $424,130 $387,540 $36,590
2023 $7,814 $431,919 $387,540 $44,379
2022 $7,786 $394,248 $322,950 $71,298
2021 $8,316 $382,053 $322,950 $59,103
2020 $9,379 $437,269 $322,950 $114,319
2018 $7,024 $317,259 $226,065 $91,194
2017 $5,964 $267,441 $226,065 $41,376
2016 $5,578 $250,135 $193,770 $56,365
2015 $2,315 $178,262 $129,180 $49,082
2014 $2,315 $102,147 $32,295 $69,852
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2024 11/11/24 For Sale $2,500,000 0.0% --
11/11/2024 11/11/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $2,500,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien -- Itc
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Commercial
Previous Owner $124,000 Purchase Money Mortgage
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1133025

Unlock MLS (Austin Board of REALTORS®)

APN: 200249