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6106 Ponca St - 6106 Ponca 0.33 Acres of Commercial Land Offered at $796,513 CAD in Austin, TX 78741
Investment Highlights
- Fully permitted development site with city-approved plans and engineering documents
- Approved for a 6-unit modern condominium project in East Riverside corridor
- Prime location with quick access to Downtown Austin, Austin-Bergstrom Airport, and major highways
- Shovel-ready for immediate construction, reducing entitlement risk and holding costs
- Architectural plans and site studies included in the sale
- Strong market fundamentals with comparable new-construction units trading at $550K–$600K
Executive Summary
Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs.
Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies.
Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals.
Buyers to verify all information.
Property Facts
| Price | $796,513 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Price | $796,513 CAD |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.33 AC |
1 Lot Available
Lot
| Price | $796,513 CAD | Lot Size | 0.33 AC |
| Price Per AC | $2,413,675.69 CAD |
| Price | $796,513 CAD |
| Price Per AC | $2,413,675.69 CAD |
| Lot Size | 0.33 AC |
Fully Permitted 6-Unit Development Lot | Architecture + Permits Convey Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor.
Description
Fully Permitted 6-Unit Development Lot | Architecture + Permits Convey Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs. Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies. Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals. Buyer to verify all information.
Presented by
6106 Ponca St - 6106 Ponca
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