$375,000
$75K PRICE DROP

Estimated payment $2,464/month

Total Views 2,811
0.21 Acre
$1,760,563 Price per Acre
9,278 Sq Ft Lot

Highlights

  • Neighborhood Views
  • Native Plants
  • Level Lot

About This Lot

Discover the exceptional potential of 5608 Hudson Street—and 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!

Listing Agent

Darshil Parikh

Compass RE Texas, LLC Brokerage Phone: 512-593-3138 License #0734449

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Lot Details

  • 9,278 Sq Ft Lot
  • Native Plants
  • Level Lot

Property Views

  • Neighborhood Views

Schools

  • Norman-Sims Elementary School
  • Martin Middle School
  • Lyndon B Johnson High School

Community Details

  • See Remarks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 888989900

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Additional Parcels: No
  • Directions: 183 south, take a right on Hudson - just past MLK, house / lot will be down on your right.
  • Disclosures: See Remarks
  • Other Structures: See Remarks
  • Special Listing Conditions: See Remarks
  • Attribution Contact: 512-593-3138
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 6000.00
  • FEMA Flood Plain: See Remarks
  • Restrictions: See Remarks
  • Tax Exemptions: See Remarks
  • Mineral: See Remarks
  • Special Features: None

Interior Features

  • View: Neighborhood

Exterior Features

  • Waterfront Features: See Remarks
  • Waterfront: No

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: See Remarks

Association/Amenities

  • Community Features: See Remarks

Schools

  • Elementary School: Norman-Sims
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Martin
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Level, Native Plants, Views
  • Zoning: Buyer to verify.
  • Parcel Number: 888989900
  • Lot Size Acres: 0.213
  • Lot Size Sq Ft: 9278.28
  • Subdivision Name: see remarks

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Rate: 1.77000000000000

Map

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $375,000 -11.8% --
01/16/2025 01/16/25 Price Changed $425,000 -5.6% --
01/06/2025 01/06/25 For Sale $450,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5486948

Unlock MLS (Austin Board of REALTORS®)