111-113 Mildred ST, Austin, TX 78702

$1,195,000 Asking Price

2 beds
1 bath
720  sqft
Built in 1925

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

Features & Amenities

Interior

General:
Primary Bedroom on Main, See Remarks
Appliances:
None
Laundry:
Outside
Flooring:
Wood
A/C:
Wall/Window Unit(s)
Heating:
None
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
None
Other Structures:
None
Pool:
None
Parking:
Carport, Parking spaces: 4

Construction

Roofing:
Shingle
Windows:
None
General:
One, Pillar/Post/Pier

Location

Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
LOT 5 and LOT 6 OLT 25 DIV O JONES F H SUBD, 02021007330000
View:
None
Fencing:
Chain Link

Utilities

Utilities:
Cable Available, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
United Country Premier Propert, Richard Overall

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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