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Under Contract

$2,900,000

1300 and 1302 Norwalk LN, Austin, TX 78703

Westfield A

Sq Ft7,116
Acres0.60
Year Built1963

About This Property

A rare development opportunity in the heart of West Austin. Located on a quiet street in Deep Eddy, 1300 & 1302 Norwalk Lane currently consist of two multifamily buildings featuring a total of 6 one-bedroom units and 6 two-bedroom units, with only one unit currently vacant. This setup provides holding income while you pursue design and planning approval for redevelopment or refurbishment of the existing improvements. The property spans a gently sloping, rectangular 0.6-acre lot with dual street frontage. Zoned MF-3, it allows for up to 20,000 square feet of Gross Floor Area and up to 21 units. Preliminary schematics show a layout including a driveway and 12 x 1600 sq. ft. with 2-car garages and private roof terraces. This property is across the road from the Muni Golf Course and a short walk to O'Henry Middle School, HEB and Maudies. It is also less than a mile to Westenfield Park / Pool / Tennis Courts, Littlefields, and Juiceland; and less than 2 miles to Austin High, Zilker Park, Barton Springs, Town Lake, Lake Austin, numerous bars and restaurants on West Lynn and West 6th St. It's proximity to MoPac delivers direct connectivity to the airport, the Domain, and highways 183, 71 and 290. This property is zoned to Austin ISD's best schools.

Property Details

Property TypeCommercial
MLS #1713395
Days on Market221
Lot Size0.60 acres
Listed8/11/2025
Last Updated8/11/2025

Location

County
Travis
MLS Area
1B

Size

$/Acre
$4,834,945
Heating
Natural Gas
Cooling
Ceiling Fan(s), Separate Meters, Wall/Window Unit(s)
Flooring
Laminate, Wood
Construction Materials
Brick, Clapboard, Wood Siding
Foundation
Pillar/Post/Pier, Slab
View
None
Parking Features
Aggregate, Attached Carport, Common

Location

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Listing provided by Sally Burns · Muskin Elam Group LLC · (512) 993-0842

The information being provided is 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$2,900,000