511 Barton Boulevard | Austin, Texas | Luxury Real Estate

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Austin, TX

Bidding Started On:

October 26, 2017 at 5:00 PM EDT

SOLD | Listed for $4.5M

Description

Impossibly rare and auspiciously positioned, this hidden gem has finally become available after 83 years. Placed just steps from Zilker Park and set on two acres overlooking Barton Springs Road, the location of this spectacular property cannot be overstated. With fantastic hillside, downtown, and lake views, the opportunities for development are virtually limitless. While there is currently a home on the property, the land value is where the greatest potential lies and its true purpose is still waiting to be uncovered. Currently zoned “CS” with a watershed overlay. This zoning provides a great deal of opportunity to potential developers. Seize this stroke of good fortune while you still can – an opportunity like this won’t be available for long.

Fees & Commissions

Buyer's Premium

12%

Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.

Co-Broker Commission

A commission/fee will be paid by the Seller, according to the terms of the Listing Agreement, to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property.

Location

Endless activities abound in the capital of Texas, home to world-renowned festivals and events. Witness the world’s most elite racing at Formula One, rub elbows with celebrities during SXSW, and discover why Austin is the Live Music Capital of the World at Austin City Limits. Kiss national food chains goodbye and surrender to Austin’s eclectic local cuisine. Sip on mimosas at hip brunch spots, or feast on world famous BBQ. Run on the trail around Lady Bird Lake, take a dip in Barton Springs, hike along the greenbelt, stroll on SoCo. All in an active city that caters to families and adults alike.

Map

511 Barton Boulevard, Austin, TX 78704

Contact

Project Manager, Auction Representative

Dean Poole

Business Developer, Auction Representative

Hannah Serwatka

Listing Agent

Joe Longton

Disclaimer

This property is listed for sale by Joseph Longton (#308435) of Kuper Sotheby’s International Realty (#579589) – 524 N Lamar, Suite 205, Austin, Texas, 78703; 210-822-8602. Concierge Auctions, LLC is a marketing service provider for auctions and is not a licensed Real Estate broker — 777 S Flagler Drive, West Palm Beach, Florida 33401; +1 (212) 202-2940. Licensed Auctioneer Frank Trunzo (#AU-C002842). The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are protected and encouraged to participate. Equal Housing Opportunity. See Auction Terms and Conditions for full details. ©2008 Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Each Sotheby’s International Realty office is independently owned and operated. Neither Sotheby’s, Sotheby’s International Realty Affiliates LLC nor any of their affiliated companies is providing any product or service in connection with this auction event.