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    3021 E 12Th St Austin, TX 78702

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    For Sale
    Contact for pricing

    Land in Austin, a city with significant housing and millionaire growth.

    Lot size:
    0.55 Acres

    Property Features for 3021 E 12Th St

    General Information

    Lot size
    0.55 Acres

    Source: Dosch Marshall Real Estate (DMRE) | Austin-San Antonio Agent Tripp Rich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Growing Austin Area

    The property is located in Austin, a city that experienced substantial growth between 2010 and 2020, with over 90,000 housing units added. Austin has also seen a significant increase in its millionaire population, with a growth rate of 102% from 2012 to 2022. This growth is attributed to the city's emergence as a technology hub and a growing market for luxury real estate, attracting companies such as Amazon, Google, Meta, SpaceX, and Tesla, which are expanding their presence in the city.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.70237
    Latitude
    30.2764212

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    FAQs

    What type of property is this?
    Land - Land in Austin, a city with significant housing and millionaire growth.
    Where is this land located?
    The property is located at 3021 E 12Th St Austin, TX.
    What are key features of this property?
    This property features: - Austin's significant housing growth (90,000+ units, 2010-2020) indicates a vibrant and expanding market.; - Substantial millionaire influx (102% growth, 2012-2022) suggests a prosperous environment.; - Austin's emergence as a tech hub attracts high-income earners.
    (254) 913-1931
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    Austin, TX 78702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3021 E 12Th St Austin, TX 78702
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