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$2,495,000
Est. payment /mo
4,639 SqFt
UPDATED:
03/02/2025 02:40 PM
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,639 sqft
Price per Sqft $537
Subdivision Hager Olen E
MLS Listing ID 6720107
Originating Board actris
Year Built 1985
Tax Year 2022
Lot Size 8,015 Sqft
Acres 0.184
Property Sub-Type Multi-Family
Property Description
Offered for the first time in over 30 years! Welcome to 1201 W 8th St, Austin, TX, a unique opportunity nestled in the heart of one of Austin's most vibrant neighborhoods. This versatile property offers a rare blend of location and development potential, making it an ideal investment for those looking to capitalize on Austin's dynamic real estate market. Surrounded by multi-million dollar homes and catty-corner to the forthcoming 6th and Blanco development, this is the hottest part of 78703!
Situated on a generous lot, this property provides ample space for infill, redevelopment or renovation, catering to a variety of visions. While originally built in 1915, there are NO current historical designations on the property allowing for a full-visioned development. Currently used as an owner-occupied 6-plex, the value lies within the land itself.
The property's location is unbeatable, offering easy access to Austin's bustling downtown, eclectic dining, and vibrant cultural scene. Enjoy the convenience of urban living while benefiting from the tranquility of a residential neighborhood. The area is known for its charming streets, local parks, and a strong sense of community, making it a desirable place to live and invest. Walking distance to some of the best restaurants off West 6th including Pecan Square, Swedish Hill, Rosie's Wine Bar, and the beloved Clark's Oyster Bar.
With its strategic location and versatile zoning, this property is a canvas for creativity and potential. Whether you're an investor, developer, or visionary homeowner, 1201 W 8th St presents an exceptional opportunity to make a lasting impact in one of the country's most sought-after cities. Don't miss your chance to own a piece of Austin's future.
Situated on a generous lot, this property provides ample space for infill, redevelopment or renovation, catering to a variety of visions. While originally built in 1915, there are NO current historical designations on the property allowing for a full-visioned development. Currently used as an owner-occupied 6-plex, the value lies within the land itself.
The property's location is unbeatable, offering easy access to Austin's bustling downtown, eclectic dining, and vibrant cultural scene. Enjoy the convenience of urban living while benefiting from the tranquility of a residential neighborhood. The area is known for its charming streets, local parks, and a strong sense of community, making it a desirable place to live and invest. Walking distance to some of the best restaurants off West 6th including Pecan Square, Swedish Hill, Rosie's Wine Bar, and the beloved Clark's Oyster Bar.
With its strategic location and versatile zoning, this property is a canvas for creativity and potential. Whether you're an investor, developer, or visionary homeowner, 1201 W 8th St presents an exceptional opportunity to make a lasting impact in one of the country's most sought-after cities. Don't miss your chance to own a piece of Austin's future.
Location
State TX
County Travis
Zoning MF4 Multifamily
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View None
Building
Sewer Public Sewer
Water Public
Structure Type None
New Construction No
Others
Special Listing Condition Standard
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Listed by Compass RE Texas, LLC
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FEATURED AREAS IN AUSTIN