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- LoopNet Team
1706 Payton Gin Rd
Austin, TX 78758
183 & Payton Gin Development Site · Land For Sale
·
2.05 AC
Investment Highlights
- +/- 2.05-acre multifamily development site in Austin, Texas
- High visibility off Highway 183 and connectivity to Cap Metro
- Located off Highway 183, providing easy access to the entire Austin MSA via IH-35 and MoPac Expressway
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Commercial | Total Lot Size | 2.05 AC |
| Zoning | LR-CO-NP | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 2.05 AC |
| Zoning | LR-CO-NP |
Description
Northmarq is pleased to present the 183 & Payton Gin Development Site (the "Site”), a +/- 2.05-acre Multifamily Development Site in North Austin. Located on Payton Gin Road. The Site’s convenient location just off HWY 183 provides high visibility and connectivity to IH-35 and MoPac Expressway, giving access to the CBD, The Domain, Mueller Neighborhood, and many more of Austin’s major demand drivers. Northmarq recommends a 205+ unit affordable/tax credit multifamily development. The Payton Gin Development Site is ideally positioned to offer a developer scale in one of the fastest growing submarkets in Austin as they benefit from increased rents and demand for Class A units.
Property Taxes
| Parcel Number | 248713 | Improvements Assessment | $132,275 |
| Land Assessment | $1,339,470 | Total Assessment | $1,471,745 |
Property Taxes
