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1120 E Braker Ln 2 Acres of Commercial Land Offered at $2,200,000 in Austin, TX 78753

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INVESTMENT HIGHLIGHTS

  • Located along a heavily traveled roadway (Braker Lane) that is proximate to IH-35
  • Located near major employers including Dell and Samsung
  • NE Austin rapidly growing and redeveloping in recent past

EXECUTIVE SUMMARY

This property has a site feasibility of 22 units, 11 buildings, totaling 49,500 square footage gross rental area and 41,580 square feet of net rentable area. This is ideal for a developer or an investor that is a speculator. The property is located in a Low-Income Housing Tax Credit area.

PROPERTY FACTS

Price $2,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Single Family Development
Total Lot Size 2.00 AC
Opportunity Zone Yes
Zoning SF-6 - Townhouse and condominium residence

1 LOT AVAILABLE

Lot

Price $2,200,000
Price Per AC $1,100,000.00
Lot Size 2.00 AC

Platted and approved for a new neighborhood.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
500994
Land Assessment
$329,461
Improvements Assessment
$0
Total Assessment
$329,461
  • Listing ID: 33841020

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 1120 E Braker Ln, Austin, TX 78753

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