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Non MLS Opportunity

1814 Adina Street
Austin TX

Permitted Plans
Tap Plans Permitted
Demo Permit
Experienced East Austin Architect
Adjoined Wall Condo Regime
3 bed rooms per unit
3.5 bathrooms per unit
Approximately 1,900 feet per unit
Nice lot on high ground
No tree issues
Booming area
New Construction next door and across the street
34 home community in progress one block away

Selling the package all together.


Scott Smith
Urban Squared Realty
512 740 0324

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This 78721 area is popping. Streets are in for this development of about 30 new homes..... ive got a lot right here to develop....
Scott Smith
Urban Squared Realty
East Austin Realty Expert
512 740 0324
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Price Reduction now $235,000.
Put a shovel in the ground tomorrow.
Permitted plans in place that transfer to the new owner.
East Austin - two unit build opportunity.
New construction on the street is prevalent.
New subdivision of 34 homes going in a block away.
Call Scott Smith
512 740 0324
East Austin Realty Expert
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Note from the seller / who develops in East Austin, including the lot next door.

Here is the elevation; and the footage is about 1953 sq ft per side so numbers should be based off of 3900 ft. So looks like this:

$250,000 dirt and plans
$331,000 Build Cost at $85/ft
$581,000 Total Cost

$ 799,500 Sales Price at $205/ft
$64,000 Closing Costs
$154,500 Profit

ROI – 27%
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