Property Description

POSSIBLE 1031 EXCHANGE. RARE BAYLOR STREET PROPERTY with IMPECCABLE DOWNTOWN VIEWS. PARTIAL OWNER FINANCING AVAILABLE. Property currently occupied by a structure on 2 +/-4000 sq ft lots, which may be reconfigured with COA approval to have one lot with a structure and one vacant lot, each with room for a house and 2 ADUs. Currently has advantageous SF 4 zoning and the opportunities that brings with it. MF-4 allows for medium-density multifamily development (townhomes, condos, or boutique apartments)Perched high on Austins iconic Castle Hill, 1000 Baylor Street combines historic charm, sweeping downtown views, and the rare flexibility of advantageous MF-4 zoning. Built in 1925, this Georgian-style residence spans approximately 2,000 sq ft with 4 bedrooms, 3 baths which includes a guest apartment, offering timeless character with original hardwoods, a classic fireplace. Starting in the 60's this area of Castle Hill was referred to by the local musicians as Joplin Hill. The propertys ~0.18 acre lot with MF-4 zoning makes it an exceptional opportunity for developers and investors. A true rarity with this level of downtown visibility and walkable access. Private gated pedestrian and parking access to upper West 10th and the rapidly evolving 6th & Blanco, luxury, boutique hotel and restaurant district, and surrounded by landmarks like The Castle and the luxury Colorfield development, this site offers both prestige and convenience. For those seeking a restoration project, the homes historic bones and unbeatable views make it a candidate for preservation. For visionaries, the zoning opens the door to a transformative multifamily development with skyline backdrops.Buyer's agent to verify all information.

Property Features

Local Schools