$425,000
For Sale

12001 Commonwealth Way

Austin, TX 78759
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a significant shift from previous regulations. If you're considering developing a multi-family lot, it would be wise to consult the city’s updated guidelines or schedule an appointment with the city's planning department to ensure compliance with the new rules.

  • Property Details
      • Lot DescriptionCleared, City Lot, Interior Lot, Open Lot, Trees Large Size
    • Measurements
      • Acres0.2984
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBarrington Oaks Sec 12
    • Location
      • School DistrictRound Rock ISD
      • Middle SchoolCanyon Vista
      • High SchoolWestwood
      • Elementary SchoolCaraway
      • CountyTravis
  • Financial Details
      • Original List Price$425,000
      • Days on Market (Cumulative)41
  • Other
      • MLS #9635275

Location

DefaultReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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