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… Read More 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. Read Less
Property listed by Muskin Elam Group LLC 512-343-2700 (512) 343-2700
Listing Snapshot
Days Online
1
Last Updated
Property Type
MultipleParcels
Lot Size
0.6 Acres
MLS Number
1503014
Additional Details
Exterior Features
Uncovered Courtyard
Lot
0.5998 acres, Area: 0.5998, Dimensions: 117 x 218, Alley, Near Golf Course, Gentle Sloping, Near Public Transit, Subdivided, Trees Medium Size
Sewer
Public Sewer
Taxes
Annual Amount: $38,901, Year: 2025
Utilities
Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
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