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3506 Darby St
Austin, TX 78721
Darby Yard - Multi-Family Development · Land For Sale
·
9.75 AC
Investment Highlights
- Supports approximately 695 multifamily units.
- Density potential up to 6.0 FAR.
- Convenient access to Downtown Austin, ABIA, Tesla, and Oracle.
- Zoned LI-PDA-NP for multifamily or mixed-use development.
- Adjacent to the emerging Cavalry District.
- Permitted building heights up to 200 feet.
Executive Summary
Darby Yard presents a rare multifamily and mixed-use development opportunity in East Austin's rapidly evolving growth corridor. The 9.75-acre site is strategically positioned near US-183 and SH-71, providing convenient access to Downtown Austin, Austin-Bergstrom International Airport, Tesla Gigafactory, Oracle's campus, and numerous major employment centers throughout the metro area.
The property is zoned LI-PDA-NP and is planned for multifamily or mixed-use development, offering immediate development potential with meaningful long-term upside. A massing study illustrates the ability to accommodate approximately 684 to 695 residential units, creating an opportunity to deliver housing within one of Austin's most active redevelopment districts. The site also benefits from adjacency to the Cavalry District, a transformative mixed-use area that is helping reshape the surrounding neighborhood with new residential, commercial, and lifestyle amenities.
With a permitted height of up to 200 feet and density potential reaching 6.0 FAR, Darby Yard offers developers flexibility to pursue a range of residential and mixed-use concepts. Its location within an expanding employment corridor, combined with regional transportation connectivity and proximity to major economic drivers, positions the property to capitalize on continued growth across East Austin and the broader metropolitan market.
The property is zoned LI-PDA-NP and is planned for multifamily or mixed-use development, offering immediate development potential with meaningful long-term upside. A massing study illustrates the ability to accommodate approximately 684 to 695 residential units, creating an opportunity to deliver housing within one of Austin's most active redevelopment districts. The site also benefits from adjacency to the Cavalry District, a transformative mixed-use area that is helping reshape the surrounding neighborhood with new residential, commercial, and lifestyle amenities.
With a permitted height of up to 200 feet and density potential reaching 6.0 FAR, Darby Yard offers developers flexibility to pursue a range of residential and mixed-use concepts. Its location within an expanding employment corridor, combined with regional transportation connectivity and proximity to major economic drivers, positions the property to capitalize on continued growth across East Austin and the broader metropolitan market.
Property Facts
1 Lot Available
Lot
| Lot Size | 9.75 AC |
| Lot Size | 9.75 AC |
9.75-acre multifamily and mixed-use development site near US-183 and SH-71. Zoned LI-PDA-NP with potential for approximately 684 units, 200' height allowance, and proximity to Downtown Austin, Tesla, Oracle, and ABIA.
Description
Darby Yard is a 9.75-acre development site located at 3506 Darby Street in Austin, Texas. The property is zoned LI-PDA-NP and identified for multifamily or mixed-use development. Marketing materials indicate a development concept supporting approximately 684 to 695 residential units, with a maximum building height of 200 feet and density potential up to 6.0 FAR. The property is located near US-183 and SH-71 and adjacent to the Cavalry District.
Property Taxes
| Parcel Numbers | Improvements Assessment | $21,990 | |
| Land Assessment | $6,462,870 | Total Assessment | $6,484,860 |
Property Taxes
Parcel Numbers
Land Assessment
$6,462,870
Improvements Assessment
$21,990
Total Assessment
$6,484,860
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