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1305 W Oltorf St
Austin, TX 78704
South Lamar Development Opportunity · Land For Sale · 1.78 AC

Executive Summary

Northmarq is pleased to present South Lamar Development Opportunity, a +/- 1.78-acre redevelopment opportunity located at 1305 W Oltorf Street in Austin, Texas. The site is well positioned for a range of development concepts, including condo, hotel, multifamily, or food and beverage uses, and benefits from immediate access to South Lamar Boulevard, one of Austin’s most active urban corridors. The property offers connectivity to Downtown Austin, Zilker Park, and South Congress, all within a short drive, while remaining surrounded by established residential neighborhoods and daily amenities. The combination of an infill location, strong surrounding demand, and limited redevelopment opportunities make the site well suited for repositioning and long-term value creation. This highly accessible location places the site in the path of continued urban growth within one of Austin’s most desirable infill submarkets.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Hold For Development
Total Lot Size 1.78 AC
Zoning VMU - VMU

1 Lot Available

Lot

Lot Size 1.78 AC

Property Taxes

Property Taxes

Parcel Number
303106
Land Assessment
$7,718,508 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,718,508 CAD
  • Listing ID: 39661215

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 1305 W Oltorf St, Austin, TX 78704

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