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Buy a houseat 3501 Pecan Springs Road, Austin, TX 78723

$975,000

$999,000 (-2.4%)

$0/mo

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Residential

1,194 Sq. Ft.

0.59 Acres lot

2 Bedrooms

3 Bathrooms

353 Days on market

4428018 MLS ID

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About 3501 Pecan Springs Road house

Welcome to a stunning development opportunity surrounded by new developments and located blocks from Mueller. At the cusp of Morris Williams Golf Course sits a 25,555 square foot lot that is 95' wide stretching from Touchstone Street to Pecan Springs Road. The highest return and best use for the property is to subdivide into three 8,518 SF lots, where you or your client can build a Unit 1 with 2,000+ SF and Unit 2 with a detached casita on each subdivided lot (for a total of 6 home sales). Additionally, with confirmation from an architect, four separate lots (6,388 sq ft/lot) may even be possible! With this land running from city street to city street, this project presents a realm of possibilities and is truly a rare find. An incredible development opportunity for any builder/buyer with great proximity to Mueller, the city of Austin, and close proximity to Morris Williams Golf Course. There are several new developments within blocks of this new development, including Story Built Homes Single-Family Townhomes selling for approximately $1M and La Hacienda with starting pricing at $660K for the B units.
Welcome to a stunning development opportunity surrounded by new developments and located blocks from Mueller. At the cusp of Morris Williams Golf Course sits a 25,555 square foot lot that is 95' wide stretching from Touchstone Street to Pecan Springs Road. The highest return and best use for the property is to subdivide into three 8,518 SF lots, where you or your client can build a Unit 1 with 2,000+ SF and Unit 2 with a detached casita on each subdivided lot (for a total of 6 home sales). Additionally, with confirmation from an architect, four separate lots (6,388 sq ft/lot) may even be possible! With this land running from city street to city street, this project presents a realm of possibilities and is truly a rare find. An incredible development opportunity for any builder/buyer with great proximity to Mueller, the city of Austin, and close proximity to Morris Williams Golf Course. There are several new developments within blocks of this new development, including Story Built Homes Single-Family Townhomes selling for approximately $1M and La Hacienda with starting pricing at $660K for the B units.

Property details

Bathrooms

1 half bathroom

2 full bathrooms

3 total bathrooms

Bedrooms

2 total bedrooms

2 bedrooms on main level

House

Built in 1950

Stories: 1

1,194 sqft living area

Brick

Foundation

Slab

Interior Features

Eat-in Kitchen

Main Level Primary

Listing

Property Subtype: Single Family Residence

Listed on 2023-05-19

Location

County: Travis

Subdivision: Marlo Heights Sec 01

Lot

0.5877 acres

Area: 0.5877

Possession

Closing & Funding

Property

Tear Down / Value in Land

Roof

Shingle

Schools

Elementary School: Blanton

Elementary School District: Austin ISD

Middle School: Lamar (Austin ISD)

Middle School District: Austin ISD

High School: Northeast Early College

High School District: Austin ISD

Sewer

Public Sewer

Taxes

Annual Amount: $10,896

Year: 2023

Utilities

Electricity Available

Natural Gas Available

Sewer Available

Water Available

Monthly cost

Estimated monthly cost

$7,058/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$916,500

+$29,250

$945,750

Seller agent commission$29,250 (3%)*

$0 (0%)

Buyer agent commission$29,250 (3%)*

$29,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $29,250 more selling your home
with an Unreal Estate agent

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State

  • Condos in Texas
  • Real Estate for Sale in Texas

Unreal Estate checked: May 6, 2024 at 2:15 p.m.

Data updated: Jul 25, 2023 at 4:01 p.m.

Property listed by Local Life Realty, LLC 512-502-5117 (512) 502-5117
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Listing Information © 2024. Data courtesy of the Austin Board of REALTORS®. All Rights Reserved.

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