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12001 Commonwealth WAY, Austin, Texas 78759 For Sale

12,998.30 Sqft - 12001 Commonwealth WAY, Austin, Texas 78759

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Property Description

The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a significant shift from previous regulations. If you’re considering developing a multi-family lot, it would be wise to consult the city’s updated guidelines or schedule an appointment with the city’s planning department to ensure compliance with the new rules.

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : ACT9810644
Price : $370,000
Lot Size : 12,998.30 Sqft
Property Sub Type : Unimproved Land
Standard Status : Active
Features
Association Fee : $0
Lot Features : Cleared, Trees-large (over 40 Ft), Public Maintained Road, Open Lot, Interior Lot, City Lot
Sewer : Public Sewer
Utilities : Phone Available, Sewer Connected, Cable Available, Electricity Available, Water Available
Zoning : Multi-Family
Address Map
Country : US
State : TX
County : Travis
City : Austin
Zipcode : 78759
Street : Commonwealth
Street Number : 12001
Street Suffix : WAY
Longitude : W98° 13' 59.6''
Latitude : N30° 25' 50.2''
Directions : From Jollyville, ~ turn @ Commonwealth ~ lot is on the left
Area : 1N
Street Dir Prefix : N
MLS Addon
Office Name : Marty Kaye Realty
Listing Agent Name : Marty Kaye
Elementary School : Caraway
High School : Westwood
List Agent MLSID : ACT439826
List Office MLSID : ACT704352
Middle School : Canyon Vista
MLS Status : Active
Parcel Number : 01660503200000
Subdivision Name : Barrington Oaks Sec 12
Tax Amount (Annual) : $0
TaxBlock : B
TaxMapNumber : 5
TaxLegalDescription : LOT 5 BLK B BARRINGTON OAKS SEC 12
TaxYear : 2024
ACT_EstimatedTaxes : $2
TaxAssessedValue : $400,000
ACT_TaxFilledSqftTotal : 0 Sqft
OriginalListPrice : $370,000
PreviousListPrice : $0
SpecialListingConditions : Standard
Importer Addon
Close Prc : $0
C$/SqFt : $0
$SqFt : $0
Land For Sale
  • Listing ID : ACT9810644
  • Lot Size : 12,998.30 Sqft
$370,000
Agent info
Stacy Caprio
Ready Real Estate
Austin, TX
Contact Agent