902-904 East 7th Street

Austin, TX 78702

$2,695,000
Price
11,778 / 0.27
Lot Size / Acres

Description

Possible Seller financing option: terms 20% down, 8% interest only, 12-18 months with balloon. TOD zoned land in top location with DT views. A fantastic location for a mixed-use development. A 60ft high mixed-use development is going up to the East of those lots on E 7th st. A brand new high-end office building is going up on E 8th. New rules allow for up to 90ft mixed-use in TOD Zoning, see the article here - https://www.austinmonitor.com/stories/2022/06/council-approves-new-mixed-use-development-rules-and-launches-separate-corridor-proposal/...Possible Seller financing option: terms 20% down, 8% interest only, 12-18 months with balloon. TOD zoned land in top location with DT views. A fantastic location for a mixed-use development. A 60ft high mixed-use development is going up to the East of those lots on E 7th st. A brand new high-end office building is going up on E 8th. New rules allow for up to 90ft mixed-use in TOD Zoning, see the article here - https://www.austinmonitor.com/stories/2022/06/council-approves-new-mixed-use-development-rules-and-launches-separate-corridor-proposal/ . Currently, there 1 small home one one lot and a parking lot on the other. Both properties have existing leases for ~$5k/side ( $10K per month total) to allow time for developers to work on plans etc. Links below for the new ALTO and Inf1nity Views projects which are right adjacent to Class A office space next door newly under construction. https://www.loopnet.com/Listing/924-E-7th-St-Austin-TX/23760735/ and https://www.loopnet.com/Listing/809-E-8th-St-Austin-TX/24677303/
Clear unobstructed views of downtown. Located in the Saltillo transit-oriented development (TOD) plan which allows for greater development potential, mixed-use, and less parking. Ready to make your mark in downtown Austin? 902 & 904 E 7th Street gives you the rare opportunity to own a thrilling piece of the action near Highway I-35, close to all the hottest nightlife spots and shops that downtown offers. Enjoy stunning, panoramic skyline views from your front door and take on the exciting investment project of a lifetime. 2 lots combined you can own a quarter of an acre in the middle of Central Austin!
  1. Listed by Tony Lazarov • TREC #0459968 • Resavvy LLC • (512) 762-8669
  2. Listed by Noemy Sanchez • TREC #0749816 • Resavvy LLC

Property Details for 902-904 East 7th Street

Subdivision Name
Robertson S & L M South Pt
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
City, Panoramic
View YN
Yes
Parcel Number
02060502210000
Tax Lot
9 & 8

Location

Listing Courtesy of Resavvy LLC, Tony Lazarov, TREC #0459968; Resavvy LLC, Noemy Sanchez, TREC #0749816
Add your commute
LISTING UPDATED: 05/03/2024 02:06 AM

Property Details for 902-904 East 7th Street

StatusActive
MLS #5709332
Days on Market105
Taxes$29,278 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multiple Parcels
Year Built-
Lot Size0.27 AC
CountyTravis County

Location

Listing Courtesy of Resavvy LLC, Tony Lazarov, TREC #0459968; Resavvy LLC, Noemy Sanchez, TREC #0749816
Add your commute

Virtual Tour

Building Information for 902-904 East 7th Street

Lot Size0.27 AC

Payment Calculator

$17,148 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,708

Property Taxes

$2,440

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 902-904 East 7th Street

General Information
Interior
Exterior
  • Exterior Features: Exterior Steps, See Remarks
  • New Construction: No
  • Fencing: Gate, Wood
  • Community Features: None
Property Information
Lot Information
  • Lot Features: Alley, Back Yard, City Lot, Interior Lot, Near Public Transit, Few Trees, Views
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $1,618,231
  • Additional Parcels: Yes
  • Additional Parcels Description: 194705
  • Tax Year: 2023
  • Tax Rate: 1.81%
Showing Information
Showing Information
  • Directions: Going north on 35 take a right on east 7th St. property is on your left. Alley parking in the back.

Property History for 902-904 East 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 902-904 East 7th Street

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 8 to 12
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

Phoenix Academy
Public8 to 12

Austin 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

902-904 East 7th Street is a 0.27 ac of land for sale in Austin, TX 78702. This property was listed for sale on March 16, 2023 by Resavvy LLC, it's currently listed at $2,695,000. This listing's school district is Austin Independent School District. Nearby schools include Mathews Elementary School, Phoenix Academy and Austin High School. 902-904 East 7th Street is a 0-bed, 0-bath, 0.27 ac of land on a 11,778 sq. ft. / 0.27 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 Resavvy LLC, Tony Lazarov, TREC #0459968; Resavvy LLC, Noemy Sanchez, TREC #0749816

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.