Developer purchases house for South Austin apartment job

nayla good

True estate investment business Rastegar Home Co. stated it has completed its acquisition of a South Austin house for a prepared condominium job.

Austin-primarily based Rastegar House claimed it has acquired 5412 South Congress Ave., which sits on about an acre of land that presently is property to a utilised car or truck ton.

The property is the 3rd and closing acquisition in the firm’s South Congress aggregation that features 5402 S. Congress Ave. and 106 Purple Bird Lane.

The 3 homes, which encompass about a few acres of land, involve the two tricky corners of Mockingbird Lane and Red Hen Lane with South Congress as frontage.

Monetary terms of the offer had been not disclosed. The Travis County Appraisal District values the 5412 South Congress residence at $980,000.

The tract is in a rapidly redeveloping section of South Congress Avenue near West Stassney Lane that has viewed an inflow of new apartment and apartment initiatives.

Next Post

California’s Proposition 15, to raise commercial property taxes, in tight race

Credit: Allen J. SchabenLos Angeles Times/Polaris People vote at the Huntington Beach City Gym and Pool on election day in Huntington Beach. Credit: Allen J. SchabenLos Angeles Times/Polaris People vote at the Huntington Beach City Gym and Pool on election day in Huntington Beach. This story was last updated at […]

Subscribe US Now