$1,195,000
For Sale

111 Mildred Street

Austin, TX 78702
1400 sqft | 4 beds | 2 baths | 0.29 acres | #561747
Browse 5 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Located on the vibrant, diverse Holly Neighborhood, this property offers an unbeatable canvas for visionary developers. Just a 12-minute walk or 2-minute bike ride to Lady Bird Lake, it’s perfectly positioned to capture the energy and appeal of one of Austin’s most desirable neighborhoods. Recent approval by the city council to change the land use designation on the future land use map (FLUM) on property locally known 109, 111, and 113 Mildred Street and 2305, 2307, and 2311 East 2nd Street (Lady Bird Lake Watershed) from Single Family to Mixed Use land use unlocks a range of possibilities, whether your dream is a multifamily development, boutique commercial space, or a mix of both!

This property is ready for a fresh start, allowing you to maximize the land’s value by building from the ground up. Imagine contributing to East Austin’s hip artistic and cultural landscape with modern apartments, creative office spaces, or an eco-conscious mixed-use development. With easy access to local eateries, boutique shops, and downtown Austin, this location is set to attract residents, visitors, and businesses alike.

Don’t miss this unique opportunity to create your own vision in what has been called "one of the coolest neighborhoods in the world," Austin's Holly Neighborhood right in the heart of the city with Lady Bird Lake trail access and restaurants galore! Help shape the future of East Austin. Reach out today to explore the potential and envision your next project!

square footage is both houses combined

  • Interior Details
      • InteriorNone, Other, SeeRemarks
    • Beds & Baths
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Acres0.29
      • Square Feet1400
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1950
    • Material information
      • FoundationPillarPostPier
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, WaterAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionJones F H
    • Location
      • School DistrictAustin ISD
      • CountyTravis
  • Financial Details
      • Original List Price$1,195,000
  • Other
      • MLS #561747

Location

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Down Payment

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Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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