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2408 S 3rd St 0.97 Acres of Commercial Land in Austin, TX 78704

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INVESTMENT HIGHLIGHTS

  • 0.97 AC infill development opportunity
  • Located less than one mile from both S Congress Ave and S Lamar Blvd
  • Situated in the epicenter of the highly sought-after 78704 zip code
  • Site can support up to 22 residential units

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.97 AC
Zoning MF-2

1 LOT AVAILABLE

Lot

Lot Size 0.97 AC

DESCRIPTION

Sayers Real Estate Advisors is pleased to present 2408 S 3rd Street, a rare 0.97 acre infill development opportunity in the heart of Austin’s highly coveted 78704 zip code. Located less than a mile from both South Congress Ave and South Lamar Blvd, and just minutes from downtown, the Property offers exceptional access to some of Austin’s most vibrant retail, dining, and entertainment corridors. Walkability is a key feature, with close proximity to neighborhood restaurants and the new HEB on South Congress. Zoned MF-2, the site can support up to 22 residential units. An approved site development permit for 18 units conveys with the Property, offering meaningful time and cost savings for a future developer. With its prime location, flexible zoning, and existing entitlements, 2408 S 3rd Street is well positioned for redevelopment in one of Austin’s most desirable residential neighborhoods.

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
303666
Land Assessment
$1,210,968
Improvements Assessment
$0
Total Assessment
$1,210,968
  • Listing ID: 36544435

  • Date on Market: 6/30/2025

  • Last Updated:

  • Address: 2408 S 3rd St, Austin, TX 78704

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