Texas Ally Real Estate Group, LLC Austin, TX 78741
Great development opportunity! Check out this east Austin treasure located on Hamilton Ave a.k.a “Richard Overton Ave.” Home is a tear down with potential
(unobstructed) panoramic downtown views of the Frost Bank, Capital and UT Tower from second or third level. Look out the kitchen window, you’ll see downtown building tops, so imagine what a second level will reveal. The lot features alley access, corner lot, SF3 zoning, walkability, close proximity to downtown, restaurants, parks, etc. Development standards for this type of zoning: 40% building coverage (2,160 SF approx.), 45% imperious coverage (2,430 Sf approx.) and 35 ft max height. Check out MLS# 9810879 listing for comp on purchase and MLS# 5340837 listing for ARV. Both lots are very similar in size as to Hamilton. No survey, as-is, Per TCAD lot is 45 X 120 about 5,400 SF. Buyers, please verify development questions with COA.