Austin, TX
6907 Reese Lane
Bidding Starts from
$1,300,000
Fantastic 12-Lot Development Opportunity in Historic Silverton! SELLERS WILL CARRY A CONTRACT! Discover nearly 7 acres of prime real estate, ideal for a 12-parcel custom subdivision or consider REZONING TO MULTI-FAMILY. This expansive property, adjacent to Abiqua Heights and accessible from Adams Street, Olson Road, and Chikamin Loop, boasts breathtaking views stretching for miles. Its central location offers a unique chance to create a vibrant community combining convenience with natural beauty. Extensive due diligence has been conducted, including surveys, TOPO, engineering, partitioning, and a geological study, ensuring a solid foundation for your project. The property could also be re-zoned through Silverton's proposed Comprehensive Plan, potentially allowing for multi-family housing. With its hill-side setting and stunning westerly views, this location is perfect for a variety of development concepts. Dive into this unique opportunity to create a harmonious blend of homes or multi-family units in an idyllic setting. Contact the Listing Broker for more information and review the attached documents for a comprehensive overview of completed studies. Buyers should perform their own due diligence to ensure the property's development meets their needs. A short walk to Downtown Silverton. This opportunity is too good to miss—make your mark in Silverton! Sellers are willing to Carry a Contract with the right offer. Engineering for Lots 7-9 will be available within the next few weeks!