Austin Land Redevelopment
611 Nelray Blvd, Austin, TX 78751
For Sale
Contact for pricing
0.56-acre property zoned MF-3, ideal for multifamily development.
Property SizeContact for details
Lot Size0.56 Acres
Days on Market838
Property Features for 611 Nelray Blvd
General Information
Standard status
Class
Lot size
Property subtype
Zoning
Occupancy
Investment Type
Net Operating Income
Site & Location
Neighborhood
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Listing Agency:
REspace LLC
Listed By:
Tony Lazarov · License TX #9005423
(979) 325-3564
Source:
Crexi
Added: Jul 26, 2024
Changed: Oct 25
Last Checked: Oct 25 at 2:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REspace LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 0.56-acre property, located in Austin, Texas, presents a redevelopment opportunity. The site is zoned MF-3, making it suitable for multifamily development. The property features 24,477 square feet of flat land, which may reduce site preparation efforts. The site has few trees.
Key Highlights
- Prime redevelopment opportunity in a vibrant Austin neighborhood.
- Zoned MF‑3, ideal for multifamily development.
- Large 0.56‑acre property.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,387
Businesses Nearby
Explore this area
Business Placement
Demographics for 78751, TX
17,071
Population
9,966
Households
1.7
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
7,113
Density / Sq Mi
$81,657
Median Household Income
$53,330
Median Earnings
$1,627
Median Rent
$700,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 0.56-acre property zoned MF-3, ideal for multifamily development.
Where is this residential land & home lot located?
The property is located at 611 Nelray Blvd Austin, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in a vibrant Austin neighborhood.; Zoned MF‑3, ideal for multifamily development.; Large 0.56‑acre property.
