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Investment Highlights

  • Two curb cuts on Hwy 290 frontage road offer easy ingress and egress with outstanding visibility.
  • Located minutes from the Mueller District, Downtown Austin, and UT Austin, ensuring excellent connectivity.
  • Surrounded by dense residential neighborhoods, employment hubs, and emerging mixed-use projects.
  • CS-MU zoning enables a wide range of development options including mixed-use, retail, and multifamily.
  • Over 105,000 vehicles pass the site daily with robust consumer demographics nearby.
  • Existing 22,410 SF hotel structure allows interim income or adaptive reuse while planning redevelopment.

Executive Summary

The property at 6201 E Highway 290 in Austin, Texas presents a rare infill redevelopment opportunity perfectly situated along Hwy 290 within one of the city's most dynamic growth corridors. Featuring 1.65 acres complemented by an existing 22,410 SF hotel, the site combines immediate income potential with long-term value creation through redevelopment. Its CS-MU zoning provides broad flexibility for future uses including multifamily, mixed-use, or retail development.
Positioned between Austin’s urban core and the bustling eastern submarkets, the property enjoys direct frontage on a major thoroughfare with two existing curb cuts, offering strong access and significant daily traffic counts exceeding 105,000 vehicles. The surrounding area has seen transformative investments, including the acclaimed Mueller District just five minutes away, unlocking demand from both residential and commercial users.
This corridor benefits from high visibility and close connectivity—7 minutes to the University of Texas at Austin, 11 minutes to Downtown, and just 15 minutes to both the Domain and Austin-Bergstrom International Airport. With strong nearby demographics, an employment base of over 88,000, and nearly 10,000 businesses within three miles, the property is uniquely positioned for investors and developers seeking to capitalize on Austin’s sustained economic expansion and urban revitalization momentum.

Property Facts

Price $7,570,915 CAD
Price Per Room $154,508 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.65 AC
Building Size 22,410 SF
No. Rooms 49
No. Stories 2
Year Built/Renovated 1963/1975
Parking Ratio 3.26/1,000 SF
Corridor Exterior
Zoning CS-MU-NP

Amenities

  • Restaurant
  • Outdoor Pool
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 24 $136.28 CAD -
Guest Room 25 $122.51 CAD -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
225562
Land Assessment
$2,959,140 CAD
Improvements Assessment
$1,273,784 CAD
Total Assessment
$4,232,925 CAD
  • Listing ID: 40158335

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 6201 E Highway 290, Austin, TX 78723

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