902 7Th StAustin, TX 78702

This exceptional offering presents a rare opportunity to acquire two combined lots totaling 11,761.82 square feet in the heart of Austin's vibrant downtown, specifically within the Saltillo Transit-Oriented Development (TOD) zone. Located at 902 and 904 East 7th Street, this fee-simple property boasts stunning, unobstructed views of the Austin skyline. The TOD-NP zoning allows for significant mixed-use development potential, with heights potentially reaching up to 90 feet, minimizing parking requirements. Currently generating approximately $10,000 in monthly rental income from existing leases, this provides a buffer while development plans are finalized. The property's strategic location near I-35 and the city's hottest nightlife and shopping districts, coupled with the ongoing construction of several high-end developments in the immediate vicinity, ensures exceptional long-term growth potential. This is a unique chance to capitalize on Austin's booming real estate market and create a landmark project in a highly sought-after area. The asking price is $2,295,000, translating to $297.82 per square foot. This represents a significant opportunity for investors seeking a prime location with substantial upside potential in one of Texas's fastest-growing cities. The property is situated in Travis County, Austin, Texas, zip code 78702.