2307 Coronado St, Austin, TX 78702

$525,000

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List Price
$525,000
Status
ACTIVE
MLS#
5191252
Price Change
▼ $1,000 1777947295
Days on Market
360
Lot Size
5,558
Area
Austin - Central, Austin - East

Property Description

Prime development opportunity in the heart of the Webberville Entertainment District, surrounded by top destinations like Kitty Cohen’s, Murray’s Tavern, Veracruz Tacos, and Desnudo Coffee. The property features fully approved site plans and building permits for a ~5,300 SF boutique short-term rental (STR) villa compound, offering a rare, near shovel-ready opportunity in one of Austin’s most dynamic corridors. Skip the entitlement process and move directly into development or adapt the existing floor plans for your need with a Site Plan Amendment The approved design consists of a dual-villa layout: A 7-bedroom, 4.5-bath, three-story primary villa designed to accommodate large groups A 4-bedroom, 3-bath, two-story secondary villa providing additional capacity. This configuration creates a highly functional boutique hospitality-style asset, ideal for group travel, co-living, or hybrid STR strategies with multiple rentable units. Zoned CS-CO-MU-NP, the site allows for a wide range of uses including retail, restaurant, creative, or hospitality. The approved building footprint can also be modified for an alternative or less intensive use through a City site plan modification, providing additional optionality for developers. Can be changed into single story restaurant, or other uses under CS-CO-MU-NP Ideal for investors or developers seeking a streamlined STR villa project with scale, flexibility, and immediate proximity to East Austin’s top entertainment nodes.

Additional Information

Taxes
$6,608
Tax Year
2025
Region
Austin - Central, Austin - East
School District
Austin ISD
Elementary School
Zavala
High School
Eastside Early College
Middle School
Martin
Sewer
Public Sewer
Street Name
Coronado St
Street Number
2307
Neighborhood
Lincoln Place
Water
Public
Acres
0.13
County
Travis
Lot Description
See Remarks

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Listing courtesy of 3rd Angle Realty LLC. Contact: (512) 573-8804

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