12001 Commonwealth Way

Austin, TX 78759

$425,000
Price
12,998 / 0.30
Lot Size / Acres

Description

The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a...The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a significant shift from previous regulations. If you're considering developing a multi-family lot, it would be wise to consult the city’s updated guidelines or schedule an appointment with the city's planning department to ensure compliance with the new rules.
  1. Listed by Marty Kaye • TREC #0439826 • Marty Kaye Realty • (512) 799-7355

Property Details for 12001 Commonwealth Way

Subdivision Name
Barrington Oaks Sec 12
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
None
View YN
No
Parcel Number
01660503200000
Tax Lot
5
LISTING UPDATED: 09/30/2024 01:23 PM

Property Details for 12001 Commonwealth Way

StatusActive
MLS #9635275
Days on Market79
Taxes$2 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.30 AC
CountyTravis County

Building Information for 12001 Commonwealth Way

Lot Size0.30 AC

Property Information for 12001 Commonwealth Way

General Information
Interior
  • Restrictions: Zoning Restrictions
Exterior
  • New Construction: No
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Cleared, City Lot, Interior Lot, Open Lot, Trees Large Size
  • Zoning: Multi-Family
  • Horse: No
  • Corporate Owner Allowed YN: No
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $400,000
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.87%
Showing Information
Showing Information
  • Directions: From Jollyville, ~ turn @ Commonwealth ~ lot is on the left

Property History for 12001 Commonwealth Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12001 Commonwealth Way

Taxable ValueLand$300,000Additions$351,825Total$651,825
Tax Record2022$12,700 ($1,058 / month)
Home Facts
Total Finished SqFt1,936 SqFtAbove Grade Finished SqFt1,936 SqFtStories1Lot Size12,998 SqFtStyleDuplexYear Built1983CountyTRAVISAPN0166050320Fireplace TypeHas Fireplace

Schools near 12001 Commonwealth Way

This home is within Round Rock Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kathy Caraway Elementary School
PublicPK to 5

Canyon Vista Middle School
Public6 to 8

Westwood High School
Public9 to 12

Rrisd Early College High S
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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12001 Commonwealth Way is a 0.30 ac of land for sale in Austin, TX 78759. This property was listed for sale on August 30, 2024 by Marty Kaye Realty, it's currently listed at $425,000. It has been on the market for a total of 79 days and was last sold on July 4, 2004. This listing's school district is Round Rock Independent School District. Nearby schools include Kathy Caraway Elementary School, Canyon Vista Middle School and Westwood High School. 12001 Commonwealth Way is a 0-bed, 0-bath, 0.30 ac of land on a 12,998 sq. ft. / 0.30 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marty Kaye Realty, Marty Kaye, TREC #0439826

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.