Property Description

300 Irma | Prime Austin Redevelopment Opportunity | A rare land play in one of Austin's most connected corridors ? with income while you plan.Nestled near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and a dense mix of restaurants and retail, 300 Irma sits at the intersection of location and timing. The property currently operates as a duplex, generating income while you map your next move. What makes this site exceptional is what Austin's HOME (Home Options for Middle-income Empowerment) Initiative now makes possible. Passed by City Council, the HOME amendment fundamentally reshapes development rights on single-family lots across Austin ? and this lot qualifies. Key provisions that directly impact this opportunity:Three units by-right ? build up to 3 separate residences with no special use permit required; No minimum lot size per unit ? the full lot is usable for your development program; Reduced setback and impervious cover restrictions ? more buildable area, more flexibility in design; Applies city-wide ? no variance or rezoning needed to exercise these rights. Whether your strategy is build-and-hold, build-and-sell, or land bank while the market matures, 300 Irma checks every box. Opportunities to acquire developable infill in Austin's urban core ? already entitled for three residences ? are increasingly hard to find.Call for details. Buyer to verify all MLS information.

Property Features

Local Schools