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  • $4,200,000

    1121 Roberts Ave, Austin, TX 78704

    0beds
    0baths
    1.52Acres
    Unimproved Land
    Built in ----
    1.52 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Surrounded by natureAmazing city views
    Welcome to 1121 Azie Morton, nestled in the heart of Austin's coveted Zilker neighborhood. Here, amidst the vibrant energy of the city and just steps away from the soul of Austin, Barton Springs Pool, famed Zilker Park, ACL festival grounds, and minutes to downtown lies a special and unicorn parcel in Zilker. An expansive 1.5-acre lot with possibility of amazing city views awaits your vision.. The possibilities that await on this remarkable parcel of land are endless. Per a comprehensive land study recently completed, up to 23k sq ft can be developed inclusive of all protected trees for an incredible family estate with primary home, in-law living structure and even a guest house for a truly unique generational estate on one parcel surrounded by nature yet minutes to all. Per the same feasibility study, a visionary developer could easily build 3500-4500 sq ft individual homes with private lots and pools. At current price and assuming $900/ft exit prices 1.5-2 years out, the site projects to a 15-20% project rate of return. Seller is open to creativity and flexibility on the development side. Rarely do opportunities like this present themselves—seldom can lots of this size and location in Zilker be found again. Don't miss your chance to be part of something truly extraordinary and creating memories that lasts generations.
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