7503 Carriage Drive Austin, TX 78752
Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2, 728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5, 940 square feet and Lot B of 6, 468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1, 617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area of dwellings of 2500 sq ft support an average sales price of $429 per square foot projecting an estimated potential of $2, 340, 000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2, 300, 000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.
- Property TypeLand
- NeighborhoodHoliday Hills Sec 01
- CountyTravis
- Taxes$8,568
- HOA/Condo/Coop Fees$0
- Days on Site22 Days
- MLS StatusActive
- MLS ID Number5655125
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.3132 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Acreage 0.3132
- Water Public
- Property Sub Type Unimproved Land
- Zoning SF3 NP Family Residence
- Listing Conditions Standard
Exterior Features
- View None
- Waterfront Property No
- Waterfront Features None
- Lot City Lot
- Other Structures None
Community Features
- Community Features None
- MLS Area 2