$4,075,000

1121 Azie Morton RD, Austin, TX 78704

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

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.

Listing Status:
Active
Listing Office:
Christie's Int'l Real Estate : (512) 270-8586
Listing Agent:
Tarek Morshed : (512) 799-8001
MLS ID:
7957053
  • Other Structures: See Remarks
  • HOA Amenities: Park
  • Originating MLS: actris
  • School District: Austin ISD
  • County: Travis
  • Zoning: Zoned SF3 but could builLOT 3 ZILKER HILLTOP ADDN01030603760000
  • View: CityCity LightsCreek/StreamHill CountryPark/Greenbelt
  • Utilities: Electricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Tarek Morshed, Christie's Int'l Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Z

Zilker Elementary School

1900 Bluebonnet Ln, Austin, TX, 78704

Grades PK-5

0.50 miles away

A

Austin St Hospital

1111 W 6th St, Austin, TX, 78703

Grades 5-12

1.26 miles away

A

Austin High School

1715 W Cesar Chavez St, Austin, TX, 78703

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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