$375,000
 $2,013 est/mo Sourced by Back At You

5608 Hudson St , Austin, TX 78721

Austin, TX 78721

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Description

Discover the exceptional potential of 5608 Hudson Streetand don't miss the opportunity to pair it with its neighboring lot at 5610 Hudson Street, creating the perfect small development project to build up to 6 units! Both lots are 0.2+ acre each. Situated in the vibrant heart of Central East Austin's sought-after 78721 ZIP code, this property is a rare gem. Under the new HOME code, you can build three dwelling units per lot, each approximately 1,900 square feet, with projected ARVs ranging from $750K to $775K per unit. Whether you’re an investor or developer, the profit potential is incredibly enticing. Build all six units, sell for top dollar, or keep a unit for yourself and leverage rental income from the others! This is your chance to capitalize on Austin's thriving market and establish a prime foothold in this rapidly evolving neighborhood. The existing bungalow on 5608 Hudson provides an option to preserve its nostalgic charm or start fresh with modern construction. This property is not builder-restricted, giving you complete freedom to bring your vision to life. For those seeking guidance, the agent can provide builder referrals and bids to streamline your project. Adding even more appeal, a new development plan for Hudson Street has been approved, promising enhanced sidewalks and inviting streetscapes that will elevate the community atmosphere for years to come. See attached article. C https://www.austinmonitor.com/stories/2022/06/planning-commission-supports-first-phase-of-east-austin-development/ Don’t miss this unparalleled opportunity to create a bespoke residential development in one of Austin’s most dynamic and desirable areas. Contact the agent today to unlock the potential of this prime East Austin location! Survey available. Buyer to complete all due diligence. Contact the agent for more details and walk the lot with the new construction specialist agent!

Details

MLS#5486948
Listing TypeFor Sale
StyleVacant Land
Sub-TypeResale
StatusActive
Days On Site103
Listing Provided ByCompass RE Texas, LLC | Darsh Parikh

Features

ZoningBuyer to verify.
Acreage0.21
Water FrontYes
Property ViewNeighborhood

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of April 19, 2025 at 11:39:53 PM PDT 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.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78721
Area5
Community Namesee remarks
School DistrictLyndon B Johnson (Austin ISD)
Elementary SchoolNorman-Sims
Middle SchoolMartin
High SchoolLyndon B Johnson (Austin ISD)
Listing VS Median (In see remarks)
Price:
$375,000
low | high
Med:
$4,500,000
100% of Average
On site:
103
low | high
Med:
260.000000
39.615384615385% of Average
Sourced by Back At You
Listing Updated: April 16, 2025 at 5:31:37 PM PDT