DEVELOPMENT PROPERTY 5 blocks to Capitol of Texas and 5 blocks from Whole Foods. 360 Degree views abound of downtown, Capitol of Texas, Hill Country & Water views from Shoal Creek and Town lake. Its steps from the Shoal Creek hike and bike trail (goes all around town lake), Duncan Park and lots of places to eat and shop. Current Zoning of the property is Multifamily with DMU60 overlay. Most of the neighboring community is zoned LO, with most occupied by a Dr, Lawyer or Engineer types & only 3 MF3 near.
1 block east of 12th & Lamar. Corner lot at the corner of 11th and Shoal Creek.
The approximate monthly Principal & Interest payment for this property would be $112,518. This payment is based on a 30-year loan at a fixed rate of 3.96 % with a down payment of $1,800,000. Actual lender interest rates and loan programs may vary.
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