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1300 Norwalk Ln
Austin, TX 78703 Westfield

Price Upon Request

Land For Sale  •  0.6 AC

Property Details

  • Property Type Land
  • Lot Size 0.6 AC
40 Transit Score
60 Walk Score

Description

The property at 1300 Norwalk Ln in Austin, Texas, is a multifamily asset situated on a 0.32-acre lot with an existing structure of approximately 2,916 square feet. Built in 1963, the property is located in the Westfield submarket, offering proximity to downtown Austin, major transportation routes, and high-demand residential areas.

Highlights

MF-3 zoning allows nearly 20,000 sq ft to be built on this ± 0.6 acre lot which also has dual street frontages.
MF-3 zoning allows for a maximum density of 21 units (36 units per acre) on this lot.
Preliminary drawings indicate 12 x 1,600 sq ft condominiums could be built with 2-car garages and private roof terraces.
Recent sales of neighboring 1,500 sq ft condos range from $750K to $1M+, and avg. sale price of Single Family Homes within 1 mile is $1.9M.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.4 mi
AirportDriveWalkDistance
Austin-Bergstrom International 29 min - 14.1 mi
Sally Burns 512-993-0842 Muskin | Elam Group
Sally Burns 512-993-0842 Muskin | Elam Group