
Description
**DO NOT visit property without a scheduled appointment** This property is currently developed as a residence that is under construction but also has a functioning private RV community on the back of the property. The main building is a 40x40 and 20' tall, insulated metal building on a slab that is currently just a shell but has electrical and plumbing set up for a residence. Property is in the ETJ but outside of the city limits and has no zoning so its ready to build out your custom barndominium or commercial space. This would be ideal for someone who wants to build their custom home or business on nearly 2 acres very close to town while also having a passive income from the established community of like-minded individuals. Permaculture principles have guided the development of this property. The intentionally cohesive aspect of the community sets it apart from other tiny home communities and offers the potential for many more income streams through events, workshops, and other activities. Furthermore, the property's location presents significant development potential. The property is located directly behind the Goodnight Austin subdivision, which is currently undergoing rapid development. Their current master plan shows multifamily units along one side of the property line as well as a future AISD site near the property. The developers predict that they will be starting development behind this property in the next 1-2 years. Let this property generate income for you while the development completes. Many more potential development opportunities will be possible once the area is fully developed. This is a unique investment opportunity for those interested in an income-generating property with long-term potential for development and equity growth. This would be the perfect opportunity for your growing business or 1031 exchange. **DO NOT visit property without a scheduled appointment**
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3BEDS
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1.93ACRES
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3BATHS
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01/2 BATHS
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1,600SQFT
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$1,250$/SQFT
School Information
Description
**DO NOT visit property without a scheduled appointment** This property is currently developed as a residence that is under construction but also has a functioning private RV community on the back of the property. The main building is a 40x40 and 20' tall, insulated metal building on a slab that is currently just a shell but has electrical and plumbing set up for a residence. Property is in the ETJ but outside of the city limits and has no zoning so its ready to build out your custom barndominium or commercial space. This would be ideal for someone who wants to build their custom home or business on nearly 2 acres very close to town while also having a passive income from the established community of like-minded individuals. Permaculture principles have guided the development of this property. The intentionally cohesive aspect of the community sets it apart from other tiny home communities and offers the potential for many more income streams through events, workshops, and other activities. Furthermore, the property's location presents significant development potential. The property is located directly behind the Goodnight Austin subdivision, which is currently undergoing rapid development. Their current master plan shows multifamily units along one side of the property line as well as a future AISD site near the property. The developers predict that they will be starting development behind this property in the next 1-2 years. Let this property generate income for you while the development completes. Many more potential development opportunities will be possible once the area is fully developed. This is a unique investment opportunity for those interested in an income-generating property with long-term potential for development and equity growth. This would be the perfect opportunity for your growing business or 1031 exchange. **DO NOT visit property without a scheduled appointment**
© 2023 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2023-06-10T08:01:35.933.
