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Investment Highlights

  • Located along a heavily traveled roadway (Braker Lane) that is proximate to IH-35
  • Located near major employers including Dell and Samsung
  • NE Austin rapidly growing and redeveloping in recent past

Executive Summary

This property has a site feasibility of 22 units, 11 buildings, totaling 49,500 square footage gross rental area and 41,580 square feet of net rentable area. This is ideal for a developer or an investor that is a speculator. The property is located in an Opportunity Zone and a Low-Income Housing Tax Credit area.

Property Facts

Price $3,079,406 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Single Family Development
Total Lot Size 2.00 AC
Opportunity Zone Yes
Zoning SF-6 - Townhouse and condominium residence

1 Lot Available

Lot

Price $3,079,406 CAD
Price Per AC $1,539,702.96 CAD
Lot Size 2.00 AC

Platted and approved for a new neighborhood.

Description

1120 E Braker Ln is an approximately 1.9-acre land site located in Northeast Austin within the Braker Lane corridor. The property is positioned near I-35 and Dessau Road, providing convenient access to major employment centers and surrounding residential neighborhoods. The site is zoned for residential development and is located across from Graham Elementary School, making it suitable for townhouse, condominium, or other residential-oriented uses.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
500994
Land Assessment
$459,967 CAD
Improvements Assessment
$0 CAD
Total Assessment
$459,967 CAD
  • Listing ID: 33841020

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 1120 E Braker Ln, Austin, TX 78753

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