$425,000
For Sale

12001 Commonwealth Way

Austin, TX 78759
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a significant shift from previous regulations. If you're considering developing a multi-family lot, it would be wise to consult the city’s updated guidelines or schedule an appointment with the city's planning department to ensure compliance with the new rules.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
      • Lot DescriptionCleared, City Lot, Interior Lot, Open Lot, Trees Large Size
      • SubdivisionBarrington Oaks Sec 12
      • School DistrictRound Rock ISD
      • Property SubtypeUnimprovedLand
      • Sewer InformationPublic Sewer
      • Middle SchoolCanyon Vista
      • Property TypePurchase
      • High SchoolWestwood
      • Original List Price$425,000
      • Elementary SchoolCaraway
      • MLS #9635275
      • MLS #9635275
      • Acres0.2984
      • Utility SourcePublic
      • CountyTravis
      • Cost425000
      • Days on Market (Cumulative)125

Location

17 Agents Online Now
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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