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6981 McKinney Falls Pky
Austin, TX 78744
McKinney Falls 7 Acres · Land For Sale
·
7.00 AC
Investment Highlights
- Fully entitled, shovel-ready 7-acre site approved for 94,600 SF self-storage (7 buildings)
- High traffic count w/ ~9,754 vehicles/day
- Strong mix of residential and retail demand drivers w/ CVS nearby and future HEB planned at McKinney Falls Pkwy & E William Cannon
- Prime Southeast Austin growth corridor located 5 mi to ABIA · 12 mi to Tesla · 8 mi to Downtown Austin
- 0.25 mi from Easton Park (14,300 planned homes, 5.35M SF commercial)
Executive Summary
VALUE CONTEXT
The asking price of $2,950,000 ($9.69 PSF) reflects the property's unique combination of existing site plan approval, Opportunity Zone designation, shovel ready condition, and a growth corridor that has materially advanced since prior valuation benchmarks. Comparable ETJ land sales in Southeast Austin during 2022–2023 transacted in the $7.25–$8.70 PSF range without entitlements. This site's fully entitled status, executed Phase I, and proximity to the Easton Park buildout and HEB anchor represent meaningful premium drivers above raw land comparables.
Qualified Opportunity Zone designation provides eligible investors the
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | ETJ - Unzoned | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.00 AC |
| Opportunity Zone |
Yes |
| Zoning | ETJ - Unzoned |
1 Lot Available
Lot
| Price | $4,040,733 CAD | Lot Size | 7.00 AC |
| Price Per AC | $577,247.58 CAD |
| Price | $4,040,733 CAD |
| Price Per AC | $577,247.58 CAD |
| Lot Size | 7.00 AC |
±7.00 acre ETJ tract on McKinney Falls Pkwy, SE Austin. No floodplain. City water. Phase I clear. Opportunity Zone. Entitled/shovel ready. 5 mi to ABIA, 0.25 mi to Easton Park. $2,950,000.
Description
Southeast Austin's McKinney Falls Pkwy corridor has moved from emerging to established. At 6981 McKinney Falls Pkwy sits a ±7.00 acre entitled, shovel ready, Opportunity Zone commercial tract within the City of Austin ETJ. It is positioned at the center of one of the metro's most active residential and commercial buildouts. The site is approximately 5 miles from Austin Bergstrom International Airport, the primary infrastructure anchor driving commercial demand along this corridor. It is 8 miles from Downtown Austin, 9 miles from the Circuit of the Americas, and 12 miles from Tesla's Gigafactory Texas (three of the region's most powerful economic generators). Easton Park, a master planned community projecting 14,300 residential units and 5.35 million SF of commercial space, is 0.25 miles away. HEB has broken ground on two stores approximately 1 mile north. The corridor is actively maturing. The property offers ±192 linear feet of McKinney Falls Pkwy frontage with two curb cuts. Topography is generally level with no FEMA regulated floodplain on site (Zone X Unshaded). City of Austin water is available via a 16 inch main in the adjacent right of way. Phase I Environmental Site Assessment completed in January 2022 returned no recognized environmental conditions. An existing site plan approval is in place; permits and building plans are available to qualified buyers. The ETJ jurisdiction provides meaningful development flexibility where a variety of residential, commercial, and industrial uses are permitted on a case by case basis without Austin's full entitlement timeline. The property is designated as a Qualified Opportunity Zone, offering eligible investors potential capital gains tax benefits through a Qualified Opportunity Fund structure. Viable uses include light industrial, flex commercial, industrial outdoor storage (IOS), RV and specialty vehicle storage, neighborhood commercial/retail pad, and contractor operations. The combination of entitlements, location, utility access, and Opportunity Zone status positions this as one of the more versatile land parcels currently available in Southeast Austin. Asking price: $2,950,000 ($9.69 PSF). Contact listing brokers for due diligence materials.
