Property Detail

3406 Merrie Lynn Avenue

Austin TX 78722

$549,500

Status: Active

Property Details

Description

0.27 acre corner lot priced to sell - a fantastic development opportunity in the highly desired Cherrywood neighborhood! This SF-3 zoned corner lot, less than 10 minutes from downtown Austin, has endless development possibilities - build a single family home, duplex, or main house & ADU style. Given the lot size, total buildable sqft is around 4,700. With a corner lot, both dwelling units would have their own entrance and address, making it very unique and reminiscent of a single-family home in a condo setting. Survey is available. Comps indicate an ARV of $2.1M or more, making it ideal for development. The renderings are conceptual and illustrate possible future development. Buyer is responsible for completing all due diligence. Appointments are required to walk the property. The current structure on the property is a teardown.

Map Location

Listing provided courtesy of of Local Life Realty, LLC. Last updated 2022-12-05 11:14:42.000000. Listing information © 2021 ACTRIS.

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