2724 East 12th Street

Austin, TX 78702

$997,000
Price
26,179 / 0.60
Lot Size / Acres

Description

The Site has been approved for a 19-unit entitlement with 36-foot elevation heights, a buyer is able to engage in the entitlement process to gain excess density to enable construction of a boutique podium project. On the corner of East 12th Street and MLK rail line, the Site is located in the MLK Jr. TOD and is poised to benefit from high visibility and rental traffic in East Austin, which has quickly become one of the most coveted and rapidly gentrifying areas of Austin.The Site has been approved for a 19-unit entitlement with 36-foot elevation heights, a buyer is able to engage in the entitlement process to gain excess density to enable construction of a boutique podium project. On the corner of East 12th Street and MLK rail line, the Site is located in the MLK Jr. TOD and is poised to benefit from high visibility and rental traffic in East Austin, which has quickly become one of the most coveted and rapidly gentrifying areas of Austin.
  1. Listed by Diane Bates • TREC #0680282 • Northmarq Multifamily, LLC • (972) 455-1943

Property Details for 2724 East 12th Street

Subdivision Name
Division B
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
City
View YN
Yes
Parcel Number
02101201390000
Tax Lot
1

Location

Listing Courtesy of Northmarq Multifamily, LLC, Diane Bates, TREC #0680282
Add your commute
LISTING UPDATED: 04/29/2024 11:43 AM

Property Details for 2724 East 12th Street

StatusActive
MLS #8170877
Days on Market23
Taxes$31,972 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Other
Year Built-
Lot Size0.60 AC
CountyTravis County

Location

Listing Courtesy of Northmarq Multifamily, LLC, Diane Bates, TREC #0680282
Add your commute

Building Information for 2724 East 12th Street

Lot Size0.60 AC

Payment Calculator

$8,105 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,441

Property Taxes

$2,664

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2724 East 12th Street

General Information
Interior
  • Restrictions: See Remarks
Exterior
  • New Construction: No
  • Community Features: None
Property Information
Lot Information
  • Lot Features: Cleared, City Lot
  • Soil Type: See Remarks
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Not Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $1,767,120
  • Additional Parcels: No
  • Tax Year: 2023
Showing Information
Showing Information
  • Directions: SH-1 Loop South, 1.4 US-183, Keep left 1.2 miles US-183, 3.1 miles IH-35 south, exit 237A toward airport blvd 38 1/2 st, 2.1 miles turn right into E12th street- destination on right.

Property History for 2724 East 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2724 East 12th Street

Taxable ValueLand$1,767,120Additions-Total$1,767,120
Tax Record2022$21,327 ($1,777 / month)
Home Facts
Beds0Lot Size26,180 SqFtStyleResidentialYear Built1912CountyTRAVISAPN0210120139

Schools near 2724 East 12th Street

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 11
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Campbell Elementary School
PublicPK to 5

Alternative Learning Center
Public7 to 11

Mccallum High School
Public9 to 12

Garza Independence High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2724 East 12th Street is a 0.60 ac of land for sale in Austin, TX 78702. This property was listed for sale on April 29, 2024 by Northmarq Multifamily, LLC, it's currently listed at $997,000. This listing's school district is Austin Independent School District. Nearby schools include Campbell Elementary School, Alternative Learning Center and Mccallum High School. 2724 East 12th Street is a 0-bed, 0-bath, 0.60 ac of land on a 26,179 sq. ft. / 0.60 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northmarq Multifamily, LLC, Diane Bates, TREC #0680282

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.