This is an incredibly rare opportunity to build or expand a substantial investment property portfolio in South Austin at an exceptional price. This lot, along with 13 others (4902, 4904, 4906, 4908, 4910, 4912, 4914, 4916, 5000, 5002, 5004, 5006, and 5008 Cliffridge Rd), are all available for purchase at $25,000 per lot, totaling $350,000 for all 14 lots.
These represent the last remaining townhome lots within the Greenslopes Townhomes Planned Unit Development (PUD), with an original, city-approved site plan dating back to the 1970s. The city has confirmed that only a “B – Construction Site Plan” submittal will be required to proceed with development, as the original PUD approval negates the need for new FAR calculations, zoning adjustments, or additional re-approvals.
A signed resolution from the Greenslopes HOA, demonstrating their support for the development of these 14 lots, is included in the documents. HOA dues are assessed until after buildings are finished. Seller financing is available. Prospective buyers are responsible for verifying all information provided.