Brooks Wolff bwolff@independencetitle.com Prepared For: Date Prepared: Subject Address: Subject Property ID: 192002 Tuesday, December 27, 2016 1705 E 6 ST Do not use this report to make final decisions. A Zonability report is a starting point and should not be viewed as a formal feasibility study or as a complete due diligence review. There are no straightforward "yes/no" answers in a Zonability report. Many potential factors are not included the development and use potential calculations in a Zonability report (the "zotential" calculations). These may include, but are not limited to, environmental related restrictions such as impervious cover, watershed, heritage trees, flood areas and protected species as well as other items like property topography, deed restrictions, utilities easements, neighborhood level restrictions, neighbor input, and prevailing political attitudes at various regulatory bodies. Please visit www.zonability.com/about to learn more about Zonability. https://www.zonability.com/acct/it/report/configure?report=1&jurisdictionid=600&latitude=30.262007393603&longitude= 97.724353531314 1/7
Austin, TX Address 1705 E 6 ST Property ID 192002 One Click Reports (Skip Preview) NP Planned Special Mixed Use Compatibility LEGEND Residential Agricultural Government Mixed Multifamily Planned Special Industrial Commercial Unzoned ETJ ETJ Limits City Limits Subject https://www.zonability.com/acct/it/report/configure?report=1&jurisdictionid=600&latitude=30.262007393603&longitude= 97.724353531314 2/7
PROPERTY Assessor Address 1705 E 6 ST Owner(s) of Record Benites Maurice & Fred & County Property ID 192002 Geography ID 0204080902 Year Built 1900 Lot Size Building Size Estimate 2,470 SF Existing Use (per assessor) off/retail (sfr) Ownership in Years 23.75 years Assessed Market Value $292,447 County Travis School District Austin ISD Incorporated City Status Within City Limits SNAPSHOT District Focus Planned Special District Abbreviation(s) and Name(s) Control Abbreviation(s) and Name(s) NP FPJ Transit Oriented Development () District Neighborhood Center Approved Station Area Plan Plaza Saltillo Transit Oriented Development () District Neighborhood Planning Areas East Cesar Chavez Full Purpose Jurisdiction Austin FUTURE Future Use Abbreviation(s) and Name(s) Imagine Austin Activity center Neighborhood Center Plaza Saltillo Future plan City of Austin Transit Oriented Development Imagine Austin Corridor East 7th St ESTIMATED POTENTIAL Max Potential Size 11,910 SF Existing Size Estimate (2,470 SF) Build out Potential 9,440 SF Max Height (Stories) 3.0 ESTIMATED USES Likely OK Maybe OK Unlikely OK Condominium Residential Multifamily Residential Special use secondary apartment Professional Office Restaurant (General) Single Family Residential Small Lot Single Family Residential Automotive Sales Automotive Washing Mini storage Service Station https://www.zonability.com/acct/it/report/configure?report=1&jurisdictionid=600&latitude=30.262007393603&longitude= 97.724353531314 3/7
TITLE SERVICES Independence Title, Austin Preferred Rep Brooks Wolff Plat Map Property Profile Lien Search Restrictions Deed Fast access to more property information!* *Title companies sometimes need to charge for these searches, but they will let you know the cost upfront (when applicable) >> https://www.zonability.com/acct/it/report/configure?report=1&jurisdictionid=600&latitude=30.262007393603&longitude= 97.724353531314 4/7
DISTRICT DEFINITIONS Transit oriented development () district is the designation for an identified transit station and the area around it. The district provides for development that is compatible with and supportive of public transit and a pedestrian oriented environment. NP PLANNED SPECIAL Transit Oriented Development () District Neighborhood Center Approved Station Area Plan Plaza Saltillo Transit Oriented Development () District USE COMPATIBILITY Neighborhood Planning Areas East Cesar Chavez Data is not modeled for this district's and/or subdistricts and requires special research. This is identified as a location with more specific details than the usual district covered by Zonability. Approved station locations are rezoned to the base zoning district. Each district has sub districts based on proximity to the station with controls that require manual research. Plans are available at the City of Austin. Special plan areas have additional details not necessarily modeled here. Further research is always recommended to better understand unrealized potential opportunities. Incentivizing developers to build mixed use buildings by allowing residential units to be added it is important to review options on a case by case basis. Transit oriented development () district is the designation for an identified transit station and the area around it. The district provides for development that is compatible with and supportive of public transit and a pedestrian oriented environment. Special plan areas have additional details not necessarily modeled here. Further research is always recommended to better understand unrealized potential opportunities. Incentivizing developers to build mixed use buildings by allowing residential units to be added it is important to review options on a case by case basis. The purpose of a neighborhood plan (NP) combining district is to allow infill development by implementing a neighborhood plan that has been adopted by the council as an amendment to the comprehensive plan. Policy driven by the neighborhood or specific subdistrict require the need to research more, including support for change (or not) as well as incentives for certain types of development etc. Zonability is able to provide data returns for most residential uses such as "special use secondary apartment" applicable in the "gold" colored areas as per the map. For other situations, especially commercial, be aware the data returns are incomplete to reflect the Neighborhood Plan. https://www.zonability.com/acct/it/report/configure?report=1&jurisdictionid=600&latitude=30.262007393603&longitude= 97.724353531314 5/7
FUTURE USE DEFINITIONS The smallest and least intense of the three types of activity centers outlined in the Growth Concept Map. Of the three, these will have a more local focus. Businesses and services, doctors and dentists, shops, branch libraries, dry cleaners, hair salons, coffee shops, restaurants, and other small and local businesses will generally serve the center and surrounding neighborhoods. Imagine Austin Activity center Neighborhood Center Plaza Saltillo Future plan City of Austin Transit Oriented Development Imagine Austin Corridor East 7th St Zonability views this location where small business are likely ok as well as various types of residential like smaller scale apartment buildings and mixed use. Properties currently improved with something like a house, duplex or small commercial may be ideal to purchase to hold for a future redevelopment to something more intense given the proposed future plan. This is identified as "Activity Center" by the Imagine Austin plan. Zonability is focused the land use component in the Imagine Austin plan. The impact of Imagine Austin will be a "re write of the Land Development Code." What this means is that Austin will have new rules. Zonability sees an Activity Center as a sign for increased density in that area. Not found. Zonability uses the to represent future views for a location which can eventually impacts its zoning. For example: if Zonability shows a gold colored "residential" location today but Zonability shows "purple" it signals a location that is forecasted to go toward multifamily. A small area plan that addresses the area along and adjacent to a roadway that addresses land use, urban design, infrastructure, transportation, and, on occasion, the economic development issues associated with a corridor. Of all the future districts, this one covers the most land area and has many sub districts to reflect the more complicated nature of what a busy roadway should look like and what building typess are best suited. The type of corridor and its location influences what gets built along the roadway and nearby. Additionally, properties close to mass transit are assumed to be viewed as candidates for density. Zonability is focused the land use component in the Imagine Austin plan. The impact of Imagine Austin will be a "re write of the Land Development Code." What this means is that Austin will have new rules. CONTROL DEFINITIONS FPJ AUSTIN Full Purpose Jurisdiction Austin, the named city, looks to be the one issuing zoning and building permits. FPJ stands for "Full Purpose Jurisdiction." It is key to know which city or agency controls the development and use potential. ABOUT THIS REPORT Data Limitations Do not use this report to make final decisions. A Zonability report is a starting point and should not be viewed as a formal feasibility study or as a complete due diligence review. There are no straightforward "yes/no" answers in a Zonability report. Many potential factors are not included the development and use potential calculations in a Zonability report (the "zotential" calculations). These may include, but are not limited to, environmental related restrictions such as impervious cover, watershed, heritage trees, flood areas and protected species as well as other items like property topography, private deed restrictions, utilities easements, neighborhood level restrictions, neighbor input, and prevailing political attitudes at various regulatory bodies. Please visit www.zonability.com/about to learn more about Zonability. https://www.zonability.com/acct/it/report/configure?report=1&jurisdictionid=600&latitude=30.262007393603&longitude= 97.724353531314 6/7
Disclaimer: The data displayed here may not represent the totality of all data associated with this property which can impact results. Beyond Value, Inc. is not responsible for omissions or inaccuracies. Do not use this report to make final decisions it is an initial scan only. Expert zoning consultants can provide a more complete study. https://www.zonability.com/acct/it/report/configure?report=1&jurisdictionid=600&latitude=30.262007393603&longitude= 97.724353531314 7/7