300 Irma | Prime Austin Redevelopment Opportunity | A rare land play in one of Austin's most connected corridors ? with income while you plan.Nestled near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and a dense mix of restaurants and retail, 300 Irma sits at the intersection of location and timing. The property currently operates as a duplex, generating income while you map your next move. What makes this site exceptional is what Austin's HOME (Home Options for Middle-income Empowerment) Initiative now makes possible. Passed by City Council, the HOME amendment fundamentally reshapes development rights on single-family lots across Austin ? and this lot qualifies. Key provisions that directly impact this opportunity:Three units by-right ? build up to 3 separate residences with no special use permit required; No minimum lot size per unit ? the full lot is usable for your development program; Reduced setback and impervious cover restrictions ? more buildable area, more flexibility in design; Applies city-wide ? no variance or rezoning needed to exercise these rights. Whether your strategy is build-and-hold, build-and-sell, or land bank while the market matures, 300 Irma checks every box. Opportunities to acquire developable infill in Austin's urban core ? already entitled for three residences ? are increasingly hard to find.Call for details on our Byrne Buyers Guarantee. Buyer to verify all MLS information. Have a home to sell? Ask about our tiered marketing programs.
Listed By
Agency Name: Keller Williams Realty
Agency Contact: (512) 942-7880
Shown By
Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City
Estimated Payment
$ 1,706.84 per month $1,001.28 Principal & Interest $574.33 Property Tax $131.22 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
300 Irma Drive | MLS# 3916969
This land located at 300 Irma Drive, Austin, TX 78752 is currently listed for sale with an asking price of $449,900. The property has approximately 0.17 Acres. Irma Drive is located within the Austin ISD school district. Search Austin real estate on www.millingaboutre.com today.