1300 and 1302 Norwalk Ln, Austin, TX 78703

Austin
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: sally burns
Office: muskin elam group llc.
MLS#:1503014
Source:ACTRIS
1300 and 1302 Norwalk Ln,Austin, TX 78703
$2,900,000
Virtual Tour
  • 0.6 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$2,900,000

About this home

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,...

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Home facts

  • Listing ID #:1503014
  • Updated:June 18, 2026 at 06:29 PM

Structure and exterior

  • Lot area:0.6 Acres
  • Lot Features:Alley, Gentle Sloping, Near Golf Course, Near Public Transit, Subdivided
  • Exterior Features:Uncovered Courtyard

Schools

  • High school:Austin
  • Elementary school:Casis

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
  • Tax amount:$38,901 (2025)
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