Rare Development Opportunity in Austin's Transforming East Riverside Corridor. Two adjacent cleared lots are being sold together, offering approximately 10,934 square feet of development potential just minutes from Downtown Austin. Public water, sewer, electricity, and natural gas are available, saving valuable time and site preparation costs. The current… Read More lot configuration allows for approximately 5,500 square feet of total buildable area. Buyers looking to maximize value may have the opportunity to replat the two parcels into a single lot, increasing build potential to approximately 6,000 square feet (buyer to verify with the City of Austin), creating an exceptional highest-and-best-use opportunity. The East Riverside Corridor is one of Austin's fastest-growing redevelopment markets, with more than $2.1 billion in projected private investment through 2028, highlighted by the transformative $4 billion River Park mixed-use development. The property is also located near the planned Project Connect East Riverside Light Rail, providing future connectivity to Downtown Austin, with a planned airport extension identified as a future priority. Ideal for builders, developers, and investors seeking redevelopment potential in a premier location with convenient access to Downtown Austin, Lady Bird Lake, South Congress, East Austin, Oracle, Tesla, Austin-Bergstrom International Airport, restaurants, shopping, and entertainment. Both parcels must be purchased together. Buyer to verify all development potential with the City of Austin. Read Less
Property listed by Douglas Elliman Real Estate 512-866-3795 (512) 771-0754
Listing Snapshot
Days Online
1
Last Updated
Property Type
MultipleParcels
Lot Size
0.25 Acres
MLS Number
5115464
Additional Details
Lot
0.251 acres, Area: 0.251, Cleared
Property
To Be Built, Neighborhood
Sewer
Public Sewer
Taxes
Annual Amount: $6,385, Year: 2026
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.