SHAPIROGROUP
Unique covered land opportunity in the heart of central Austin. Ideal for builders looking for small MF development and recent zoning changes should allow three-unit residential on the property (SF-3 zoning). Current architectural plans for single-family home plus ADU convey with the sale. Two leases have been secured for a projected $45,516 in NOI ($4,800 per month) and offer income while plans are being processed (6.51% cap rate). Home is being marketed as a tear down.
Bedrooms
5
Bathrooms
4
Square Feet
2,510
Lot Size
0.26 acres
Year Built
1963
Stories
2
Tax Assessed
$644,446 (2025)
Type
Single Family
Status
Active
Shapiro Group
Last checked 1h ago.
As assigned by the MLS listing; verify with the district.
5210 Woodrow Ave
Austin, TX 78756
Loan Term
Est. Monthly Payment
$4,523
Property tax is figured on the 2025 assessed value of $644,446.
Estimates based on 6.5% rate. Actual payments may vary.
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