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2724 E 12th Sts, Austin, TX 78702
$997,000 -$2,987 (-0.3%) Price Reduced
2724 E 12th Sts, Austin, TX 78702View this property at 2724 E 12th Sts, Austin, TX 78702
2724 E 12th StsAustinTX78702
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Property Description
The Site has been approved for a 19-unit entitlement with 36-foot elevation heights, a buyer is able to engage in the entitlement process to gain excess density to enable construction of a boutique podium project. On the corner of East 12th Street and MLK rail line, the Site is located in the MLK Jr. TOD and is poised to benefit from high visibility and rental traffic in East Austin, which has quickly become one of the most coveted and rapidly gentrifying areas of Austin.
Full Property Details
Full Property Details for 2724 E 12th Sts
General
- Price: $997,000
- Taxes: $31,971 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: 8170877
- Updated: 5/20/2024
- Added to Site: 23 day(s) ago
Additional Information
- Other Features: None
Location
- Area: 5
- County: Travis
- Subdivision: Division B
- Driving Directions: SH-1 Loop South, 1.4 US-183, Keep left 1.2 miles US-183, 3.1 miles IH-35 south, exit 237A toward airport blvd 38 1/2 st, 2.1 miles turn right into E12th street- destination on right.
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Campbell
- Middle School: Kealing
- High School: McCallum
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Not Available, Electricity Available, Phone Available, Sewer Available, Water Available
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.601
- Lot Size (Sq. Ft.): 26,179.56
- Lot Features: City Lot, Cleared
- Lot Description: City Lot, Cleared
Water Features
- Water Front View: None
Financial Considerations
- Lot Price Per Sq. Ft.: $38.08
- Tax Amount: $31,971.57
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: See Remarks
- Restrictions: See Remarks
- Property ID: 2101201390000
Listed by Northmarq Multifamily, LLC
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Schools
Schools serving 2724 E 12th Sts
School District:Austin Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
2613 Rogers Ave, Austin, TX 78722 | PK-5 | 0.5 mi | |
1607 Pennsylvania Ave, Austin, TX 78702 | 6-8 | 0.7 mi | |
5600 Sunshine Dr, Austin, TX 78756 | 9-12 | 3.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2724 E 12th Sts
Date
Details
Price
Change
Source
5/20/2024
Price Reduced
$997,000
-0.3%
MLS
5/09/2024
Price Reduced
$999,987
—
MLS
4/29/2024
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2724 E 12th Sts
Year
Property Taxes
Change
Tax Assessment
Change
2022
$21,327
—
$1,767,120
64%
2022
$21,327
-9%
$1,079,907
—
2021
$23,506
-2%
$1,079,907
—
2020
$24,046
4%
$1,079,907
57%
2020
$23,163
53%
$687,214
—
2018
$15,095
20%
$687,214
—
2016
$12,616
-18%
$687,214
21%
2017
$15,326
18%
$565,695
50%
2016
$12,989
180%
$377,130
100%
2013
$4,645
—
$188,565
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2724 E 12th Sts
2724 E 12th Sts, Austin, TX 78702 (MLS# 8170877) is a Lots/Land property with a lot size of 0.601 acres. 2724 E 12th Sts is currently listed for $997,000 and was received on April 29, 2024. Want to learn more about 2724 E 12th Sts? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.