$950,000

306 W Stassney LN Unit: 1&2

2,863 Sq.Ft. 0.44 Acres

Description

306 W Stassney Lane is a unique opportunity w/ current residential tenants in place to cover costs while commercial or residential development is explored. For example, recent State changes under SB840 allows up to 54 units per acre and reduces compatibility setbacks, call COA for info. The property totals .44 acres with two separate updated residential buildings (2022) that could easily be converted to offices, additional fencing and landscaping completed after photos, multiple storage buildings on property. Ample parking in the front with green areas in the back that could be converted for additional parking or new dwelling, Stassney frontage allows for great visibility w/ 13,000 cars passing per day. GO-MU-NP zoning, suited for a wide range of professional uses including medical, wellness, creative studios, professional offices, or live/work concepts.

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Location

306 W Stassney LN Unit: 1&2, Austin, TX 78745

Status

For Sale

Property Amenities

Interior

Flooring Tile, Wood

Area & Lot

Total area 2,863 Sq.Ft.

Lot Area 0.44 Acres

Living area 2,863 Sq.Ft.

MLS® ID 5575957

Year Built 1946

View Description None

Type Commercial

Status For Sale

Exterior

Air conditioning Central Air

Heat type Central

Disability Features None

Water Source Public

Sewer Public Sewer

Parking Gravel, Parking Lot

Utilities Electricity Connected, Internet-Fiber, Sewer Connected, Water Connected

Finance

Sales Price $950,000

Real Estate Tax $12,335 yearly

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$950,000