Log In/Sign Up
Your email has been sent.
1111 W 24th St 0.47 Acres of Commercial Land in Austin, TX 78705
Investment Highlights
- 0.47 AC Redevelopment Opportunity
- Aprox. 125' of frontage on W 24th St (main West Campus thoroughfare)
- Prominent West Campus location (home to around 17,000 students)
- UT Austin Student Housing Opportunity (54,000 students as of Fall 2024)
Executive Summary
Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1111 W 24th St, a 0.47-acre redevelopment opportunity located in Austin's West Campus neighborhood near the University of Texas. The property is well-positioned with approximately 125' of frontage along W 24th St, offering exceptional visibility along this important corridor with strong traffic counts. The current improvements include a 7,670-square-foot two-story brick office building and paved parking lot.
Importantly, the recently approved Texas Senate Bill 840 (SB840) enhances the development potential of the site. The bill allows for residential use by right, reduces setbacks related to compatibility standards, and increases allowable building height on the property.
West Campus is home to around 17,000 students and serves as the primary off-campus housing market for the University of Texas at Austin, which has a Fall enrollment of approximately 58,000 students and continues to grow.
Importantly, the recently approved Texas Senate Bill 840 (SB840) enhances the development potential of the site. The bill allows for residential use by right, reduces setbacks related to compatibility standards, and increases allowable building height on the property.
West Campus is home to around 17,000 students and serves as the primary off-campus housing market for the University of Texas at Austin, which has a Fall enrollment of approximately 58,000 students and continues to grow.
Property Facts
1 Lot Available
Lot
| Lot Size | 0.47 AC |
| Lot Size | 0.47 AC |
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (82)
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1111 W 24th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.