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1800 E Martin Luther King Jr BLVD, Austin, TX 78702
$1,300,000 Asking Price
$---/mo Est. Payment Get Prequalified »
Built in
2024
Awesome location in Austin's MLK transit corridor with easy access to downtown and UT. With the City of Austin's new zoning ordinances, this site will support a building height of up to 60' and over 20,000 SF of rentable square footage. Consider retail/restaurant space on the first floor and residential on the upper 4 floors. Utilizing Austin's Affordability Unlock requires only 10% of the unit count to be in the Affordable category. Total residential unit SF of over 17,000 SF, with 24 or more units. Ideal configurations would be studios, and 1 and 2 bedroom units given the area demographics. The first-floor area supports over 3,000 SF of retail/restaurant space. No onsite parking is required except for ADA. No significant tree issues, flat lot, easy build. South end of lot has VIEWS TO DOWNTOWN, especially from upper floor(s). MLK is a designated transit corridor with 4-lanes and planned 20’ widening, with 5 bus stops within 1 block, within walking distance to the UT @ Austin campus, 3 hospitals, the Dell Medical School, 3 Blocks East Of UT's Eastern Parking Lot. Great neighborhood with daily needs businesses on the same block (Sour Duck Bakery & Restaurant, JuiceLand, Shell, Austin Daily Press and the Wheel & Monarch Liquor). Just 4 blocks to the UT campus with the new UT Moody Center just 5 blocks away. Convenient to UT McCombs School Of Business (just 2 bus stops and 1.3 miles away). A short 25 min. walk to the Texas State Capitol Building Complex and 1/2 Mile From ST. David's Medical Center & Austin Lakes Hospital - Dell Seton Medical Center At The University Of Texas, Blackstock Family Health Center - Central Texas Medical Foundation Brackenridge Hospital - Seton Brain And Spine Institute Dell Children's Medical Center & The Heart Hospital Of Austin.Dell Children's Medical Center & The Heart Hospital Of Austin.
Features & Amenities
Interior
- Flooring:
- See Remarks
- A/C:
- None
- Heating:
- See Remarks
- Eco/Green Feature:
- None, None
Exterior
- General:
- None
- Parking:
- Parking spaces: 0
Construction
- General:
- None
Location
- Road/Access:
- Asphalt, Sidewalks
- Originating MLS:
- actris
- County:
- Travis
Lot
- Topography:
- Flat
- Zoning:
- LO-MU-V-NP, 0.1427AC OF LOT 1 BLK 4 OLT 45 DIV B JOHNS C R SUBD, 02110917080000
- View:
- Downtown, See Remarks
- Current Use:
- Commercial, Unimproved
Utilities
- Utilities:
- Above Ground, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- actris
This listing courtesy of:
Compass RE Texas, LLC, Jeffrey Schnabel
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Austin, TX
Housing
- Number of Units
- 523,644
- Median Home Value
- $435,027
- Median Rent
- $1,253
52.82% of housing units are renter occupied.
7.09% are vacant.
Commute
- Car
-
53.46%
- Public Transportation
-
1.78%
- Walk to Work
-
1.73%
- Work from Home
-
41.61%
- Other
-
0.53%
The median travel time to work is 16 minutes.
People
- Population
- 1,163,161
- Median Age
- 35.90
- Median Household Size
- 2.60
Education
- High School
-
14.31%
- Associate’s Degree
-
5.38%
- Bachelor’s Degree
-
34.89%
- Graduate Degree
-
21.08%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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