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1300 and 1302 Norwalk Ln

Austin, TX 78703
  • $2,900,000
  • STATUS: Active Under Contract
  • ID#: 1713395
Under Contract
UPDATED: 55 min ago
$2,900,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Property listed by Sally Burns of Muskin Elam Group LLC: (512) 343-2700.

Description

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.

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© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2026-07-21T00:00:04.753.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-07-21T00:00:04.753 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
austin.benkinneyteam.com/homes/166792007
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1300 and 1302 Norwalk Ln Austin, TX 78703

  • Price: $2,900,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 55 min ago
  • ID#: 1713395
0
Beds
0
Baths
0
½ Baths
0.6
Acres
1963
Built
Neighborhood:
Westfield A
County:
Travis
Area:
Austin
Property Description
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.
Exterior Features

Attached Garage YN Yes Bays 14 Foundation Details Pillar/Post/PierSlab Garage YN No Other Structures None Parking Features AggregateAttached CarportCommon Topography gentle slope View None Waterfront YN No

Interior Features

Building Area Total 7116 Cooling Ceiling Fan(s)Separate MetersWall/Window Unit(s) Flooring LaminateWood Heating Natural Gas

Property Features

Accessibility Features None Additional Parcels YN Yes Building Features AppliancesOpen Space Current Use Multi-Family Estimated Taxes 38901 Fema Flood Plain No Horse YN No Listing Terms CashConventional1031 Exchange New Construction YN No Pool Private YN No Property Condition See Remarks Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 38901 Utilities Electricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedWater AvailableWater Connected Water Source Public



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2026-07-21T00:00:04.753.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-07-21T00:00:04.753 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Ben Kinney Real Estate Team
1801 S MoPac Expy, #100
Austin TX, 78746
Property listed by Sally Burns of Muskin Elam Group LLC: (512) 343-2700.