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3506 Tom Green St - 3506 Tom Green Unit A 0.14 Acres of Commercial Land Offered at $1,130,588 CAD in Austin, TX 78705
Investment Highlights
- Close Proximity to Interstate 35 & State Highway 1
- Density Bonus
Executive Summary
Redevelopment opportunity in the North University/Hyde Park neighborhood near UT. City allows single-stair five-story multifamily. The total lot is 6.048 SF, and air rights are 51% of the total area of Unit 1 and Unit 2 per condo documents. Density Bonus allowing up to 70 feet in height, factoring compatibility and NCCD. Rare infill opportunity with no FAR, more forgiving compatibility setbacks, generous building coverage, and fewer setback requirements under the DB-ETOD zoning overlay recently approved. All information to be confirmed through the City of Austin. NCCD elements will apply, including one parking space per bedroom, based on recent consultation with the City of Austin.
Listing includes Unit 1 only, totaling 6,048 SF.
Listing includes Unit 1 only, totaling 6,048 SF.
Property Facts
| Price | $1,130,588 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| Sale Conditions | Total Lot Size | 0.14 AC | |
| No. Lots | 1 | Year Built | 1928 |
| Property Type | Land |
| Price | $1,130,588 CAD |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.14 AC |
| Year Built | 1928 |
1 Lot Available
Lot
| Price | $1,130,588 CAD | Lot Size | 0.14 AC |
| Price Per AC | $8,142,925.62 CAD |
| Price | $1,130,588 CAD |
| Price Per AC | $8,142,925.62 CAD |
| Lot Size | 0.14 AC |
Flat level lot. Trees in rear of the property should not negatively impact density. Home is likely a tear down. New Roof.
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Very bikeable
80/100
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3506 Tom Green St - 3506 Tom Green Unit A
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