500 North Bluff DR, Austin, TX 78745
sale
$1,799,000
|
Other
Courtesy Of urbanspace Realtors
See video here - https://www.youtube.com/watch?v=0bi9P2d-XKM - A Rare Opportunity on Over an Acre in Austin's High-Growth Corridor / Discover a unique 1.09-acre property offering exceptional flexibility and potential in one of Austin s most dynamic areas. The home consists of 3 bedrooms & 1 bath in the front, with an entire separate living area in back with 2 separate entrances, the back consists of 1 1/2 baths, living room, and 4 other rooms which can serve as bedrooms or office space. These bonus rooms at the rear of the home are tenant-occupied, generating additional monthly income presently. Listed both as a residential and commercial opportunity, this beautiful parcel is currently home to a well-maintained residence but is now zoned LR-MU-CO-NP allowing for a wide range of residential, mixed-use, and commercial developments. Perfect as a covered land play, the existing home can generate income while you plan and pursue future development. Whether you envision creating a boutique residential community, a mixed-use project, or a destination commercial space, the possibilities are truly abundant. Surrounded by exciting new development and increasing density, this property stands out as a rare find in a rapidly growing part of the city. With its strategic zoning, desirable location, and significant lot size, it s poised to deliver both immediate value and long-term upside for investors, developers, or those seeking a unique live-work opportunity. Endless potential, a prime Austin address, and a canvas for your vision this is the one you ve been waiting for. All values are taken from public records and should be verified.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Stucco
- Exterior Type: Stone
- Floor Covering: Wood
- Floor Covering: Tile
- Floor Covering: Concrete
- Heating System: Central
- Legal Description: ABS 6 SUR 19 CANNON W ACR 1.09
- MLSID: 8491230
- Parking Spaces: 4
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