Lake Homes Realty
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1121 azie morton rd

Austin, TX 78704

1.52 AC LOT
Land - Single Lot
Image 1
Acreage 1.5204
Status Off Market
MLS # 7957053
County Travis
More Info
Category Land - Single Lot
Status Off Market
Acreage 1.5204
MLS # 7957053
County Travis
Welcome to The Azie, Austin's Legacy Build Opportunity. Tucked just minutes from downtown, Barton Springs, and Zilker Park, this is more than just land — it’s a 1.5 acre canvas with possibility of amazing city views for a generational vision. On Azie Morton, where opportunities of this size and location are nearly unheard of, this property offers a rare chance to create a self-sustaining compound, custom estate, or visionary investment. Whether the buyer is a family looking to build a lasting legacy or a developer seeking an irreplaceable canvas, this is one of the rarest land offerings in Austin today.nestled in the heart of Austin's coveted Zilker neighborhood. Per a comprehensive land study recently completed, up to 23k sq ft can be developed inclusive of all protected trees for an incredible family estate with primary home, in-law living structure and even a guest house for a truly unique generational estate. Per the same feasibility study, a visionary developer could build 3500-4500 sq ft individual homes with private lots and pools. At current price and assuming $900/ft exit prices 1.5-2 years out as a development project, it projects to a 15-20% project rate of return. Seller is open to creativity and flexibility on the development side.
Location not available

Exterior Features

  • Construction Single Family
  • Garage No
  • Water Public
  • Sewer Public Sewer
  • Lot Description Public Maintained Road, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)

Neighborhood & Schools

  • Subdivision Zilker Hilltop Add
  • Elementary School Zilker
  • Middle School O Henry
  • High School Austin

Financial Information

  • Parcel ID 01030603760000

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.