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Land bank manager updates members on available lots, listing for 324 E. Eleventh and potential tax-sale properties

5091506 · June 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The land bank manager reported one buildable lot listed at 75% of appraised value (324 East Eleventh Street, listed at $5,595), discussed limited property intake from tax sales and donations, and outlined next steps on a liened property at 611 East Eighth Street and other potential lots.

The land bank manager updated members on property inventory and potential acquisitions, saying the land bank currently holds one lot at 324 East Eleventh Street and has fielded preliminary interest in several other parcels.

Manager’s update: 324 East Eleventh Street is listed on the land bank’s website for $5,595, described as 75% of the county appraised value. Staff said the lot’s configuration is unusually long and deep and does not meet Habitat for Humanity’s buildability specifications, which limits immediate developer options. The manager said staff may place simple “land bank” signs at available lots and list properties on public platforms such as Zillow or realtor.com rather than use a full-service real estate listing for a…

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