$1,195,000
For Sale

111 Mildred Street

Austin, TX 78702
720 sqft | 2 beds | 1 bath | 0.15 acres | #6212331
Browse 3 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Located on the vibrant, diverse Holly Neighborhood, this property offers an unbeatable canvas for visionary developers. Just a 12-minute walk or 2-minute bike ride to Lady Bird Lake, it’s perfectly positioned to capture the energy and appeal of one of Austin’s most desirable neighborhoods. Recent approval by the city council changing the land use designation on the future land use map (FLUM) on property locally known 109, 111, and 113 Mildred Street and 2305, 2307, and 2311 East 2nd Street (Lady Bird Lake Watershed) from Single Family to Mixed Use land use unlocks a range of possibilities, whether your dream is a multifamily development, boutique commercial space, or a mix of both! This property is ready for a fresh start, allowing you to maximize the land’s value by building from the ground up. Imagine contributing to East Austin’s hip artistic and cultural landscape with modern apartments, creative office spaces, or an eco-conscious mixed-use development. With easy access to local eateries, boutique shops, and downtown Austin, this location is set to attract residents, visitors, and businesses alike. Don’t miss this unique opportunity to create your own vision in what has been called "one of the coolest neighborhoods in the world," Austin's Holly Neighborhood right in the heart of the city with Lady Bird Lake trail access and restaurants galore! Help shape the future of East Austin. Reach out today to explore the potential and envision your next project! square footage is both houses combined

  • Interior Details
      • InteriorMainLevelPrimary
    • Beds & Baths
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot DescriptionCorner Lot, City Lot, Level, Few Trees
    • Measurements
      • Acres0.1462
      • Square Feet720
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1925
    • Material information
      • FoundationPillar Post Pier
  • Utilities / Energy Details
      • Utility FeaturesCable Available, FiberOpticAvailable, Natural Gas Connected, Sewer Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionJones F H
    • Location
      • High SchoolEastside Early College
      • School DistrictAustin ISD
      • Middle SchoolKealing
      • Elementary SchoolZavala
      • CountyTravis
  • Financial Details
      • Original List Price$1,195,000
      • Taxes Annual$18,639
      • Days on Market (Cumulative)20
  • Other
      • MLS #6212331

Location

Jesse BankerReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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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.

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