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$ 5,500,000
Est. payment | /mo
0.95 Acres Lot
$ 5,500,000
Est. payment | /mo
0.95 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multiple Lots (Adjacent)
Listing Status Active
Purchase Type For Sale
Subdivision Gillis Simon
MLS Listing ID 7419089
Tax Year 2025
Lot Size 0.950 Acres
Acres 0.95
Lot Dimensions 220x230
Property Sub-Type Multiple Lots (Adjacent)
Source actris
Property Description
Rare South Austin development opportunity approved for 12 homes across six individual MF-3 zoned residential lots with potential downtown views. Located just off South 1st Street and only 1.5 miles from Lady Bird Lake, this site offers exceptional proximity to downtown, South Congress, South 1st retail, restaurants, and major lifestyle corridors. Four lots have already been leveled and are development-ready, with a 2,400 SF remodeled sales office currently onsite and a demo permit approved for immediate redevelopment. Site plans and approved plans are available upon request, providing a strong head start for a builder looking to move quickly. With new construction comps in the area selling for approximately $750–$835/SF, this is an ideal scale project for a mid-size builder seeking a rare multi-lot infill site in one of Austin's most supply-constrained locations. Extremely
Location
State TX
County Travis
Zoning MF-3
Interior
Fireplace No
Exterior
Exterior Feature None
Fence None
Community Features None
Utilities Available None
Waterfront Description None
View None
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Travis Hts
Middle Schools Lively
High Schools Travis
School District Austin Isd
Others
Special Listing Condition Standard
Listed by eXp Realty, LLC
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