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1120 E Braker Ln 2 Acres of Commercial Land Offered at $2,200,000 in Austin, TX 78753
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 an Opportunity Zone and a Low-Income Housing Tax Credit area.
Property Facts
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 2.00 AC |
| Price Per AC | $1,100,000.00 |
| Price | $2,200,000 |
| Price Per AC | $1,100,000.00 |
| Lot Size | 2.00 AC |
Platted and approved for a new neighborhood.
Description
1120 E Braker Ln is an approximately 1.9-acre land site located in Northeast Austin within the Braker Lane corridor. The property is positioned near I-35 and Dessau Road, providing convenient access to major employment centers and surrounding residential neighborhoods. The site is zoned for residential development and is located across from Graham Elementary School, making it suitable for townhouse, condominium, or other residential-oriented uses.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 500994 | Improvements Assessment | $0 |
| Land Assessment | $329,461 | Total Assessment | $329,461 |
Property Taxes
Parcel Number
500994
Land Assessment
$329,461
Improvements Assessment
$0
Total Assessment
$329,461
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1120 E Braker Ln