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$2,250,000
172 Days Online

7901 Peaceful Hill Lane
Austin, TX 78748

For Sale|Commercial|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
1,416
SqFt
$1,589
/SqFt
1983
Built
Subdivision:
Marx Hattie M
County:
Travis

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7901 Peaceful Hill Lane7901 Peaceful Hill Lane7901 Peaceful Hill Lane7901 Peaceful Hill Lane
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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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Listing Snapshot
Price 
$2,250,000
Days Online 
172 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,416 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.73 Acres
Year Built 
1983
MLS Number 
8938592
Status 
Active Under Contract
Property Tax 
$5,656
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
5 months agoStatus changed to Active Under Contract
6 months agoListing first seen online
General Features
Parking 
See Remarks
Parking Spaces 
40
Acreage 
2.73
Utilities 
Electricity AvailableNatural Gas AvailableSewer Available
Listing Conditions 
Standard
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Exterior Features
Waterfront Property 
No
Other Structures 
Storage
Community Features
MLS Area 
10S
Listing courtesy of Austin Premium Property.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. 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.
Data last update - 2022-06-26 09:40 PM CDT

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Neighborhood & Commute
Source: Walkscore
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