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7901 Peaceful Hill Ln

Austin, TX 78748
  • $2,250,000
  • STATUS: Active
  • ID#: 8938592
UPDATED: 53 min ago
$2,250,000
  • 0
    BEDS
  • 2.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1983
County:
Area:

School Ratings & Info

Description

This is an outstanding potential development site on Peaceful Hill Lane that is 2.73 acres that is currently zoned DR. It is block and half from Williams Elementary School. Property is adjacent to high end houses on Verrando, Vivid Sky Lane, and Virtus Bend. The north fence line is adjacent to the land owned by Agape Christian Ministries Austin Inc. and is being rezoned and permitted at city for 300 residential units on 11.844 acres that is at 7809 Peaceful Hill Lane, 7713/7715 Byrdhill Lane down to the property owned by City of Austin (drainage creek) on W Dittmar Rd. The property to the east and south are high end residential units. This tract based on permitting next door could have 77-85 units on this tract or more depending on lot size and type of zoning. If it is zoned to GR-MU-V-CO (mid-rise, multifamily use) like the adjacent tract it would be very attractive development. HEB super store and retail center are just blocks away on S Congress that has retail, grocery, restaurants, and many other Retail uses. Outstanding site for couples with elementary age kids that can walk to school one block west. This property is in the Bedicek Middle school and Crockett ECHS along with the Williams elementary school. The property is leased on a month-to-month tenancy. There are multiple uses at the site and numerous small buildings, cars, trailers and other on the site. The site will be vacated and cleaned up prior to close. See aerial drone shots for area developments and proximity to school, retail and other.

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© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-01-18T18:59:45.883.
www.residentrealtyatx.com/homes/124507752
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7901 Peaceful Hill Ln Austin, TX 78748

  • Price: $2,250,000
  • Status: Active
  • On Site: Days
  • Updated: 53 min ago
  • ID#: 8938592
0
Beds
0
Baths
0
½ Baths
2.73
Acres
1983
Built
Neighborhood:
Marx Hattie M
County:
Travis
Area:
Austin
Property Description
This is an outstanding potential development site on Peaceful Hill Lane that is 2.73 acres that is currently zoned DR. It is block and half from Williams Elementary School. Property is adjacent to high end houses on Verrando, Vivid Sky Lane, and Virtus Bend. The north fence line is adjacent to the land owned by Agape Christian Ministries Austin Inc. and is being rezoned and permitted at city for 300 residential units on 11.844 acres that is at 7809 Peaceful Hill Lane, 7713/7715 Byrdhill Lane down to the property owned by City of Austin (drainage creek) on W Dittmar Rd. The property to the east and south are high end residential units. This tract based on permitting next door could have 77-85 units on this tract or more depending on lot size and type of zoning. If it is zoned to GR-MU-V-CO (mid-rise, multifamily use) like the adjacent tract it would be very attractive development. HEB super store and retail center are just blocks away on S Congress that has retail, grocery, restaurants, and many other Retail uses. Outstanding site for couples with elementary age kids that can walk to school one block west. This property is in the Bedicek Middle school and Crockett ECHS along with the Williams elementary school. The property is leased on a month-to-month tenancy. There are multiple uses at the site and numerous small buildings, cars, trailers and other on the site. The site will be vacated and cleaned up prior to close. See aerial drone shots for area developments and proximity to school, retail and other.
Exterior Features

Attached Garage YN No Bays 2 Construction Materials See Remarks Garage YN No Other Structures Shed(S)StorageSee Remarks Parking Features See Remarks Waterfront YN No

Interior Features

Building Area Total 1416

Property Features

Additional Parcels YN No Building Features See Remarks Current Use AutomotiveOtherSee Remarks Estimated Taxes 5656 Horse YN Yes Listing Terms CashConventional New Construction YN No Property Condition See Remarks Property Sub Type See Remarks Special Listing Conditions Standard Tax Annual Amount 5656 Utilities Electricity AvailableNatural Gas AvailableSewer Available

Property listed by Austin Premium Property.


© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-01-18T18:59:45.883.
 
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3355 Bee Caves Rd
Austin TX, 78746