Description
Property, 404 & 408 Ninth St., damaged in Hurricane Harvey. One 2-1 cottage and a storage building left. Cottage is presently leased providing passive income. Land, 2 lots, is zoned C-2 which allows many options( multi Family, Apartments, Hotel, etc.). The Flexible Development ordinance, shown as attachment, allows high density, special use and other allowances. Total land is .3471 acres or 15,120 s.f. ; front set back 20ft. and rear 10 Ft.; side set back can be "0" in commercial zoning. The height allowed is 35 ft to mid pitch. Preliminary approval on 4,200 s.f. bldg foot print on each lot. Great potential! Allows for 2 SFR per lot! The property has a 3/4 inch water line on each lot and City sewer for multi family units. The city is in need of reasonable income housing for local workers which the Flexible Development ordinance addresses, which allows multi story and higher density. Structures on survey marked in yellow are the 2 existing structures left after Hurricane Harvey.
-
0BEDS
-
0.34ACRES
-
0BATHS
-
01/2 BATHS
-
15,120SQFT
-
$26$/SQFT
School Ratings & Info
Description
Property, 404 & 408 Ninth St., damaged in Hurricane Harvey. One 2-1 cottage and a storage building left. Cottage is presently leased providing passive income. Land, 2 lots, is zoned C-2 which allows many options( multi Family, Apartments, Hotel, etc.). The Flexible Development ordinance, shown as attachment, allows high density, special use and other allowances. Total land is .3471 acres or 15,120 s.f. ; front set back 20ft. and rear 10 Ft.; side set back can be "0" in commercial zoning. The height allowed is 35 ft to mid pitch. Preliminary approval on 4,200 s.f. bldg foot print on each lot. Great potential! Allows for 2 SFR per lot! The property has a 3/4 inch water line on each lot and City sewer for multi family units. The city is in need of reasonable income housing for local workers which the Flexible Development ordinance addresses, which allows multi story and higher density. Structures on survey marked in yellow are the 2 existing structures left after Hurricane Harvey.
© 2020 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information 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. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Family. Data last updated: 2020-09-20T00:05:32.253.