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Investment Highlights

  • Great Residential Infill Location
  • NE Austin Location
  • Approved for 77 MF units
  • Potential Commercial/Office Development
  • Zoned MF3-CO
  • Easy Access to Parmer, I-35 & 130 Tollway

Executive Summary

The 2.15-acre development site zoned MF3- CO in NE Austin presents an exceptional residential infill opportunity. Located adjacent to both an elementary and middle school, tree-free land is approved for 77 multi-family units, offering significant development potential. Its prime location provides easy access to major thoroughfares, including Parmer Lane, I-35, and the 130 Tollway, ensuring convenient connectivity for future residents. This site promises to be an ideal investment for developers aiming to capitalize on Austin’s growing demand for residential housing in a family-friendly environment

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Religious Facility
Total Lot Size 2.06 AC
Cross Streets Dessau Rd
Zoning MF3-CO

1 Lot Available

Lot

Lot Size 2.06 AC

The 2.15-acre development site zoned MF3- CO in NE Austin presents an exceptional residential infill opportunity. Located adjacent to both an elementary and middle school, tree-free land is approved for 77 multi-family units.

Description

The 2.15-acre development site zoned MF3- CO in NE Austin presents an exceptional residential infill opportunity. Located adjacent to both an elementary and middle school, tree-free land is approved for 77 multi-family units, offering significant development potential. Its prime location provides easy access to major thoroughfares, including Parmer Lane, I-35, and the 130 Tollway, ensuring convenient connectivity for future residents. This site promises to be an ideal investment for developers aiming to capitalize on Austin’s growing demand for residential housing in a family-friendly environment.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
258654
Land Assessment
$518,678 CAD
Improvements Assessment
$0 CAD
Total Assessment
$518,678 CAD

Amenities

  • Utilities
  • Infrastructure
  • Listing ID: 32741739

  • Date on Market: 2024-08-09

  • Last Updated:

  • Address: 1509 Dessau Ridge Ln, Austin, TX 78754

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