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2307 Leon St
Austin, TX 78705
West Campus Investment Opportunity · Land For Sale
·
0.28 AC
Investment Highlights
- ±0.28 AC infill development site in one of Austin’s most supply constrained submarkets
- Surrounded by West Campus’ premier retail, dining, entertainment, and everyday amenities
- Just 0.7 miles (approximately a 12-minute walk) from The University of Texas at Austin
- Zoned MF-4-CO-ETOD-DBETOD-NP, permitting moderate- to high density multifamily, condominium, or purpose-built student housing development
- Opportunity to capitalize on West Campus’ premium rental rates and long-term barriers to entry
Executive Summary
Franklin Street is pleased to present 2307 Leon Street, a premier investment opportunity located in the heart of Austin’s highly sought-after West Campus submarket. Situated just steps from The University of Texas at Austin, the property offers investors and developers the rare opportunity to acquire a well positioned infill site in one of the city’s most dynamic and supply-constrained neighborhoods.
The property is zoned MF-4-CO-ETOD-DBETOD-NP, permitting moderate- to high-density residential development, including apartments, condominiums, and purpose-built student housing. As part of the City of Austin’s Equitable Transit-Oriented Development (ETOD) Density Bonus Overlay, the site may qualify for additional height and density through the City’s affordability bonus program, subject to City approval.
2307 Leon Street benefits from exceptional walkability, immediate access to The University of Texas, and proximity to Downtown Austin, major employment centers, retail, dining, and entertainment. Surrounded by continued redevelopment and sustained demand for student-oriented housing, the property represents a compelling opportunity to capitalize on one of Austin’s most resilient multifamily investment markets.
The property is zoned MF-4-CO-ETOD-DBETOD-NP, permitting moderate- to high-density residential development, including apartments, condominiums, and purpose-built student housing. As part of the City of Austin’s Equitable Transit-Oriented Development (ETOD) Density Bonus Overlay, the site may qualify for additional height and density through the City’s affordability bonus program, subject to City approval.
2307 Leon Street benefits from exceptional walkability, immediate access to The University of Texas, and proximity to Downtown Austin, major employment centers, retail, dining, and entertainment. Surrounded by continued redevelopment and sustained demand for student-oriented housing, the property represents a compelling opportunity to capitalize on one of Austin’s most resilient multifamily investment markets.
Property Facts
1 Lot Available
Lot
| Price | $4,826,290 CAD | Lot Size | 0.28 AC |
| Price Per AC | $17,236,749.83 CAD |
| Price | $4,826,290 CAD |
| Price Per AC | $17,236,749.83 CAD |
| Lot Size | 0.28 AC |
±0.28-acre infill site in Austin’s West Campus, just 0.7 miles from The University of Texas. Zoned MF-4 with ETOD Density Bonus Overlay potential, offering a strong investment opportunity in a high-demand, walkable location.
Property Taxes
| Parcel Number | 112427 | Improvements Assessment | $291,355 CAD |
| Land Assessment | $1,100,105 CAD | Total Assessment | $1,391,459 CAD |
Property Taxes
Parcel Number
112427
Land Assessment
$1,100,105 CAD
Improvements Assessment
$291,355 CAD
Total Assessment
$1,391,459 CAD
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