TX > Austin > Zilker Hilltop Add
Austin, TX 78704,1121 Azie Morton RD
Austin, TX 78704,1121 Azie Morton RD
Austin, TX 78704,1121 Azie Morton RD
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$4,075,000
Est. payment /mo
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1.52 Acres Lot
Price Dropped by $125K

1121 Azie Morton RD Austin, TX 78704

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Collab RT Realty

Collab RT Realty

+1(830) 481-2233

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Zilker Hilltop Add

MLS Listing ID 7957053

HOA Y/N No

Tax Year 2023

Lot Size 1.520 Acres

Acres 1.5204

Property Sub-Type Unimproved Land

Source actris

Property Description

Welcome to The Azie, Austin's Legacy Build Opportunity. Tucked just minutes from downtown, Barton Springs, and Zilker Park, this is more than just land — it's a 1.5 acre canvas with possibility of amazing city views for a generational vision. On Azie Morton, where opportunities of this size and location are nearly unheard of, this property offers a rare chance to create a self-sustaining compound, custom estate, or visionary investment. Whether the buyer is a family looking to build a lasting legacy or a developer seeking an irreplaceable canvas, this is one of the rarest land offerings in Austin today.nestled in the heart of Austin's coveted Zilker neighborhood.

Per a comprehensive land study recently completed, up to 23k sq ft can be developed inclusive of all protected trees for an incredible family estate with primary home, in-law living structure and even a guest house for a truly unique generational estate. Per the same feasibility study, a visionary developer could build 3500-4500 sq ft individual homes with private lots and pools. At current price and assuming $900/ft exit prices 1.5-2 years out as a development project, it projects to a 15-20% project rate of return. Seller is open to creativity and flexibility on the development side.

Location

State TX

County Travis

Area 7

Zoning Zoned SF3 but could buil

Interior

Fireplace N

Exterior

Community Features Park

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description Creek,Stream

View City, City Lights, Creek/Stream, Hill Country, Park/Greenbelt

Building

Lot Description Public Maintained Road, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Zilker

Middle Schools O Henry

High Schools Austin

School District Austin Isd

Others

Restrictions See Remarks

Acceptable Financing Cash, Conventional

Tax Rate 1.97

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.1121aziemorton.com/

Listed by Christie's Int'l Real Estate • Tarek Morshed

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Collab RT Realty

Collab RT Realty

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+1(830) 481-2233

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