Unlock the potential of this one-third acre vacant lot in Austin’s Mountain View neighborhood. With the ability to build two homes, you can capitalize on the local market, where smaller lots sell between $600k and $1,000,000. Double your return by constructing two properties on this prime parcel. Short-term rentals are allowed, offering the chance to generate significant income. Build two homes, rent them both, and enjoy the steady revenue stream this property offers. Conveniently located near shopping, schools, major roadways, and minutes from Lake Austin and Lake Travis, this lot is a rare find. With a 1.6% property tax rate, you’ll maximize your investment. For more opportunity, this lot can be sold with the neighboring parcel, which already has a home and room for another.
Listing provided courtesy of of All City Real Estate Ltd. Co. Last updated 2024-09-23 10:15:03.000000. Listing information © 2024 ACTRIS.