For Sale, USD 4,075,000
Austin, Texas, United States
Property Type : N/A
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: 7957053
Property Description
Welcome to The Azie, Austin's Legacy Build Opportunity. Tucked just minutes from downtown, Barton Springs, and Zilker Park, this is more than just land - it's a 1.5 acre canvas with possibility of amazing city views for a generational vision. On Azie Morton, where opportunities of this size and location are nearly unheard of, this property offers a rare chance to create a self-sustaining compound, custom estate, or visionary investment. Whether the buyer is a family looking to build a lasting legacy or a developer seeking an irreplaceable canvas, this is one of the rarest land offerings in Austin today.nestled in the heart of Austin's coveted Zilker neighborhood. 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. Per the same feasibility study, a visionary developer could 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 as a development project, it projects to a 15-20% project rate of return. Seller is open to creativity and flexibility on the development side.
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1121 Azie Morton Rd, United States,Texas,Austin is a Austin luxury N/A listed for sale USD 4,075,000. This high end Austin N/A is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Austin or search for luxury properties for sale in Austin.