Possible Seller financing option: terms 20% down, 8% interest only, 12-18 months with balloon. TOD zoned land in top location with DT views. A fantastic location for a mixed-use development. A 60ft high mixed-use development is going up to the East of those lots on E 7th st. A brand new high-end office building is going up on E 8th. New rules allow for up to 90ft mixed-use in TOD Zoning, see the article here - https://www.austinmonitor.com/stories/2022/06/council-approves-new-mixed-use-development-rules-and-launches-separate-corridor-proposal/ . Currently, there 1 small home one one lot and a parking lot on the other. Both properties have existing leases for ~$5k/side ( $10K per month total) to allow time for developers to work on plans etc. Links below for the new ALTO and Inf1nity Views projects which are right adjacent to Class A office space next door newly under construction. https://www.loopnet.com/Listing/924-E-7th-St-Austin-TX/23760735/ and https://www.loopnet.com/Listing/809-E-8th-St-Austin-TX/24677303/ Clear unobstructed views of downtown. Located in the Saltillo transit-oriented development (TOD) plan which allows for greater development potential, mixed-use, and less parking. Ready to make your mark in downtown Austin? 902 & 904 E 7th Street gives you the rare opportunity to own a thrilling piece of the action near Highway I-35, close to all the hottest nightlife spots and shops that downtown offers. Enjoy stunning, panoramic skyline views from your front door and take on the exciting investment project of a lifetime. 2 lots combined you can own a quarter of an acre in the middle of Central Austin!
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
902 & 904 E 7th St, Austin, TX 78702. View photos, map, tax, nearby homes for sale, home values, school info...