1300 and 1302 Norwalk LN Active

Austin,TX 78703

$ 3250000

0 Bed

0 Bath

7116 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,116 sqft

Price per Sqft $456

Subdivision Westfield A

MLS Listing ID 1713395

Year Built 1963

Annual Tax Amount $38,901

Tax Year 2025

Lot Size 0.600 Acres

Property Sub-Type Multi Family

Property Description

A rare development opportunity in the heart of West Austin.
Located on a quiet street in Deep Eddy, 1300 & 1302 Norwalk Lane currently consist of two multifamily buildings featuring a total of 6 one-bedroom units and 6 two-bedroom units, with only one unit currently vacant. This setup provides holding income while you pursue design and planning approval for redevelopment or refurbishment of the existing improvements.
The property spans a gently sloping, rectangular 0.6-acre lot with dual street frontage. Zoned MF-3, it allows for up to 20,000 square feet of Gross Floor Area and up to 21 units. Preliminary schematics show a layout including a driveway and 12 x 1600 sq. ft. with 2-car garages and private roof terraces.
This property is across the road from the Muni Golf Course and a short walk to O'Henry Middle School, HEB and Maudies. It is also less than a mile to Westenfield Park / Pool / Tennis Courts, Littlefields, and Juiceland; and less than 2 miles to Austin High, Zilker Park, Barton Springs, Town Lake, Lake Austin, numerous bars and restaurants on West Lynn and West 6th St. It's proximity to MoPac delivers direct connectivity to the airport, the Domain, and highways 183, 71 and 290. This property is zoned to Austin ISD's best schools.

Location

State TX

County Travis

Zoning MF-3-NP

Interior

Heating Natural Gas

Cooling Ceiling Fan(s),Separate Meters,Wall/Window Unit(s)

Flooring Laminate,Wood

Exterior

Utilities Available Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Connected,Water Available,Water Connected

View None

Building

Foundation Pillar/Post/Pier,Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Clapboard,Wood Siding

New Construction No

Others

Special Listing Condition Standard

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