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Investment Highlights

  • In the ETJ No zoning
  • Current Use: Residential / Commercial Conversion Candidate
  • Nearby Pipeline: 900+ multifamily units added or under construction (Moonlight Tower 431 units, The Local 233 units, Shelby Ranch 302 units)
  • Building SF: 2,102 SF | Stories: 1 | Year Built: 1965
  • Submarket: Menchaca Entertainment District / South Menchaca Rd
  • Buyer Profile: Operator, investor (income hold), developer (ground-up), or 1031 exchange

Executive Summary

South Austin's next great commercial corridor is being built in real time and this is one of the last significant land opportunities on it. 1.32 acres positioned directly on Menchaca Road inside the ETJ, with no zoning restrictions and full development optionality on a mostly level, lightly treed lot.
The Menchaca Entertainment District has attracted over $270M in committed capital. What was a quiet stretch of South Menchaca two years ago is now being called "Rainey Street South" and the transformation is still early. Capital is flowing in, infrastructure is being built, and the best sites are being taken off the board.
Whether you are an operator seeking a flagship site, a developer underwriting ground-up density, or an investor positioning for long-term value creation in one of Austin's most dynamic submarkets, this is the corridor and this is the site. Feasibility study on hand.

Property Facts

Price $1,500,000
Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Hold For Development
  • Medical
Total Lot Size 1.32 AC
Zoning No Zoning - Menchaca Entertainment District

1 Lot Available

Lot

Price $1,500,000
Price Per AC $1,136,363.64
Lot Size 1.32 AC

1.32-acre commercial property positioned directly on the Menchaca Road corridor in South Austin’s fastest-growing entertainment and mixed-use submarket. The existing 2,102 SF single-story structure sits on 57,499 SF of land.

Description

1.32 acres of South Austin land sitting directly on a corridor undergoing one of the most active commercial transformations in all of Austin. With location in the ETJ and no zoning, the property provides optionality few corridor-facing sites can match, including medical, hospitality, retail, multifamily, etc. Capture the upside as the Menchaca Entertainment District continues its rapid evolution into what the market is already calling a “nature-centric Rainey Street South” and Austin's next great mixed-use destination, built around heritage trees, local Texas operators, and the low-density, rustic South Austin character that Rainey itself left behind years ago. The district is anchored by Rush (a 7-acre pickleball and nature preserve under development), Armadillo Den, Bouldin Acres South, Bolt Social, and a growing roster of food, retail, and multifamily concepts, with more than 900 residential units recently delivered or under construction inside the immediate corridor. Demand is already on the ground. Corridor-facing land at this scale is not. No City of Austin zoning means no rezoning friction and no entitlement lottery. Because access is taken from a state road, that pathway can eliminate impervious cover caps altogether, which translates to roughly half the cost and half the timeline of a comparable zoned COA site across the street. The lot is mostly level and flexible enough to support phased development, a ground-up flagship concept, an income-producing hold, or a long-term density play. Site tours, the feasibility report, survey, and full marketing package are available on request.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
347037
Land Assessment
$159,555
Improvements Assessment
$409,892
Total Assessment
$569,447
  • Listing ID: 40111722

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 10230 Menchaca Rd, Austin, TX 78748

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