1300 Norwalk Lane
Austin, TX 78703
0.60 acres | #1503014
Description
A rare development opportunity in the heart of West Austin.
Located on a quiet street in Deep Eddy, 1300 & 1302 Norwalk Lane currently consist of two multifamily buildings featuring a total of 6 one-bedroom units and 6 two-bedroom units, with only one unit currently vacant. This setup provides holding income while you pursue design and planning approval for redevelopment or refurbishment of the existing improvements.
The property spans a gently sloping, rectangular 0.6-acre lot with dual street frontage. Zoned MF-3, it allows for up to 20,000 square feet of Gross Floor Area and up to 21 units. Preliminary schematics show a layout including a driveway and 12 x 1600 sq. ft. with 2-car garages and private roof terraces.
This property is across the road from the Muni Golf Course and a short walk to O'Henry Middle School, HEB and Maudies. It is also less than a mile to Westenfield Park / Pool / Tennis Courts, Littlefields, and Juiceland; and less than 2 miles to Austin High, Zilker Park, Barton Springs, Town Lake, Lake Austin, numerous bars and restaurants on West Lynn and West 6th St. It's proximity to MoPac delivers direct connectivity to the airport, the Domain, and highways 183, 71 and 290. This property is zoned to Austin ISD's best schools.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
- Lot DescriptionAlley, Near Golf Course, Gentle Sloping, Near Public Transit, Subdivided, Trees Medium Size
- Exterior MaterialsUncovered Courtyard
- Property SubtypeMultipleParcels
- Sewer InformationPublic Sewer
- SubdivisionWestfield A
- School DistrictAustin ISD
- Original List Price$3,250,000
- Property TypePurchase
- Middle SchoolO Henry
- Taxes Annual$38,901
- MLS #1503014
- Cost3250000
- MLS #1503014
- Acres0.5998
- Utility SourcePublic
- High SchoolAustin
- CountyTravis
- Elementary SchoolCasis
- Days on Market (Cumulative)1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-08-05 20:00:46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated:Â . Source: ACTRIS
Listing Courtesy
Listing Agent: Sally Burns (#718525), Phone: (512) 343-2700
Listing Office: Muskin Elam Group LLC (#5982)
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