300 Irma Drive, Austin, TX 78752

$449,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$449,900
Status
ACTIVE
MLS#
3916969
Days on Market
139
Lot Size
7,618
Area
Austin - Central, Austin - East, Austin - North Central

Property Description

300 Irma | Prime Austin Redevelopment Opportunity | A rare land play in one of Austin's most connected corridors — with income while you plan. Nestled near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and a dense mix of restaurants and retail, 300 Irma sits at the intersection of location and timing. The property currently operates as a duplex, generating income while you map your next move. What makes this site exceptional is what Austin's HOME (Home Options for Middle-income Empowerment) Initiative now makes possible. Passed by City Council, the HOME amendment fundamentally reshapes development rights on single-family lots across Austin — and this lot qualifies. Key provisions that directly impact this opportunity: Three units by-right — build up to 3 separate residences with no special use permit required; No minimum lot size per unit — the full lot is usable for your development program; Reduced setback and impervious cover restrictions — more buildable area, more flexibility in design; Applies city-wide — no variance or rezoning needed to exercise these rights. Whether your strategy is build-and-hold, build-and-sell, or land bank while the market matures, 300 Irma checks every box. Opportunities to acquire developable infill in Austin's urban core — already entitled for three residences — are increasingly hard to find. Call for details. Buyer to verify all MLS information.

Additional Information

Taxes
$6,892
Tax Year
2025
Region
Austin - Central, Austin - East, Austin - North Central
View
No View
School District
Austin ISD
Elementary School
Reilly
High School
McCallum
Middle School
Lamar (Austin ISD)
Sewer
Public Sewer
Street Name
Irma Drive
Street Number
300
Neighborhood
Sherry Dale
Water
Public
Acres
0.17
County
Travis
Lot Description
Corner Lot

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: (512) 942-7880

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.