This Land Property is no longer advertised on LoopNet.com.

302 Park Ln
Austin, TX 78704
Fairview Properties · Land For Sale · 0.20 AC

Investment Highlights

  • Two blocks from South Congress Avenue
  • Contiguous lots provide maximum flexibility in development while current rented units (8/10) provide income while permit development is underway
  • Downtown is 5 Minutes Away

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Residence
Total Lot Size 0.20 AC
Year Built 1935
Zoning SF-3 - SF-3 Zoning

Description

The Fairview Portfolio – Core Travis Heights Investment This unique opportunity consists of five contiguous properties located just east of South Congress Avenue in the highly sought-after Travis Heights neighborhood. The portfolio includes ten residential units—eight of which are currently leased—providing immediate income and value-add potential. Situated in an unbeatable location with walkable access to South Congress dining, retail, and nightlife, these properties are ideal for buy-and-hold investors or developers exploring multi-unit redevelopment options. Key Metrics: 5 contiguous lots 10 total units | 8 currently leased Walk Score: 90+ Zoned SF-3 (verify all zoning/development possibilities with the City of Austin) Don’t miss this chance to secure a prime land position in one of Austin’s highest-demand neighborhoods with a strong track record of appreciation and rental performance.

Property Taxes

Property Taxes

Parcel Number
282769
Land Assessment
$619,145
Improvements Assessment
$212,368
Total Assessment
$831,513
  • Listing ID: 35689808

  • Date on Market: 4/30/2025

  • Last Updated:

  • Address: 302 Park Ln, Austin, TX 78704

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