Land For Sale • 0.6 AC
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.
| 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. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 6 min | - | 2.4 mi | |
| Airport | Drive | Walk | Distance |
| Austin-Bergstrom International | 29 min | - | 14.1 mi |