11 months on rocket

1800 E Martin Luther King Jr Blvd, Austin, TX, 78702

$1,300,000

0.14 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontNone
ViewCity
MLS #2223574
Lot Size0.14 Acres
StatusActive

About 1800 E Martin Luther King Jr Blvd

Awesome location in Austin's MLK transit corridor with easy access to downtown and UT. With the City of Austin's new zoning ordinances, this site will support a building height of up to 60' and over 20,000 SF of rentable square footage. Consider retail/restaurant space on the first floor and residential on the upper 4 floors. Utilizing Austin's Affordability Unlock requires only 10% of the unit count to be in the Affordable category. Total residential unit SF of over 17,000 SF, with 24 or more units. Ideal configurations would be studios, and 1 and 2 bedroom units given the area demographics. The first-floor area supports over 3,000 SF of retail/restaurant space. No onsite parking is required except for ADA. No significant tree issues, flat lot, easy build. South end of lot has VIEWS TO DOWNTOWN, especially from upper floor(s). MLK is a designated transit corridor with 4-lanes and planned 20’ widening, with 5 bus stops within 1 block, within walking distance to the UT @ Austin campus, 3 hospitals, the Dell Medical School, 3 Blocks East Of UT's Eastern Parking Lot. Great neighborhood with daily needs businesses on the same block (Sour Duck Bakery & Restaurant, JuiceLand, Shell, Austin Daily Press and the Wheel & Monarch Liquor). Just 4 blocks to the UT campus with the new UT Moody Center just 5 blocks away. Convenient to UT McCombs School Of Business (just 2 bus stops and 1.3 miles away). A short 25 min. walk to the Texas State Capitol Building Complex and 1/2 Mile From ST. David's Medical Center & Austin Lakes Hospital - Dell Seton Medical Center At The University Of Texas, Blackstock Family Health Center - Central Texas Medical Foundation Brackenridge Hospital - Seton Brain And Spine Institute Dell Children's Medical Center & The Heart Hospital Of Austin.Dell Children's Medical Center & The Heart Hospital Of Austin.

Property Details

Property Features

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 913-7480
  • Listing Agent: Jeffrey Schnabel

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: City
  • Exterior: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, See Remarks, Few Trees, Views
  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: Take E Martin Luther King Jr Blvd east of I-35. The lot is on the corner of E MLK Jr Blvd and Salina St, about 1/2 a mile east of I-35.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000

Tax Information:

  • Annual Amount: $8,838
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

1800 E Martin Luther King Jr Blvd vs Austin

331 DAYS ON ROCKET

+257 Days

$1,300,000

+$732.5K More

KEY TAKEAWAY

This property is $732.5K more than the Median Sold Price in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #2223574

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 913-7480
  • Listing Agent: Jeffrey Schnabel

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/18/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,838$396,900
2019$8,512$396,900
2018$3,674$182,525
2017$3,364$165,932

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4431690
2
/10
  • Campbell Elementary School

  • 2613 Rogers Ave

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-4431691
6
/10
  • Blackshear Elementary School

  • 1712 E 11th St

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-4431692
7
/10
  • Lee Elementary School

  • 3308 Hampton Rd

  • 0.98 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,611. Typical income of Austin, TX residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1800 E Martin Luther King Jr Blvd

What is the listing price of this property?

The listing price of 1800 E Martin Luther King Jr Blvd property is $1,300,000.

What type of property is this?

The property 1800 E Martin Luther King Jr Blvd is land located in Austin, Texas, 78702.

Is this property for sale now?

Active Listing: 1800 E Martin Luther King Jr Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,838 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1800 E Martin Luther King Jr Blvd is 0.14 acres.
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Rocket HomesTexasTravis CountyAustin787021800 E Martin Luther King Jr Blvd

This home is located at 1800 E Martin Luther King Jr Blvd in Austin, TX and zip code 78702 in the East neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $1,300,000.

Over 59 listings were sold over their listed price in November 2024 in Austin, TX. In the same period over 446 listings were sold below the listed price and 96 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between October 2024 and November 2024 decreased by 1.1%. Listings spent 74 days on the market in November 2024, and had a median list price of $567,441 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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