2724 E 12th St
Austin, TX 78702
East 12th Development Site · Land For Sale · 0.60 AC

• Positioned in the path of continued growth as Austin’s urban core, residents and local attractions expand east, offering desirable urban living without paying exorbitant downtown rents • Last piece of land available in the Chestnut neighborhood area for Multi-housing development • Centered among Austin’s largest business centers and economic drivers: CBD, Oracle HQ campus, UT, Health & Innovation Districts & Mueller • Surrounding new developments including the Foundry, Upcycle, South Shore mixed-use project, Lakeshore redevelopment and Oracle’s HQ campus continue to fuel gentrification of southeast Austin and increase rental demand for the area • Located along the Metro Rail line and just a short walk from the MLK Rail station - Austin’s CBD and the entire metro area are directly accessible. • The property is just a short drive from key economic hubs and major employers including being only 3 mins from Downtown (80,000 jobs), 5 mins from The University of Texas (55,000 students), 7 minutes from Mueller Master Planned Community, 10 mins from Austin Bergstrom International Airport (4,000 jobs) and Oracle’s new HQ campus (2,500 jobs) • Highly visible and connected location offering rapid access to Austin’s key destinations and employment drivers provided by East 12th Street to IH-35, US Hwy 183, US 290/SH 71, and Airport Blvd. thoroughfares • Situated in a transforming, vibrant area with direct access to Austin’s famed outdoor amenities and retail destinations including Lady Bird Lake, the newly constructed Boardwalk Trail, as well as the renowned South Congress District • Proximity to the city’s most desirable entertainment venues and economic drivers give young professional residents all the benefits of a “live, work, play” lifestyle • Favorable location in famed East Austin District – among the trendiest, most desirable residential areas in the city • Vibrant, walkable enclave offering an eclectic assortment of art studios, cocktail bars, music venues, and culinary delights • Embodying the quintessential Austin lifestyle - enticing a young, hip crowd as well as those who want to experience Austin beyond the downtown area • Appealing to the prolific Millennial generation, which places a premium on experiences and prefers living in unique, walkable urban environments • East Austin continues to experience rapid rejuvenation with an influx of new retailers and creative office developments fetching some of the highest rents in the city