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- LoopNet Team
4714 S Congress Ave
Austin, TX 78745
Land For Sale
·
2.81 AC
Investment Highlights
- Lot Size: 2.81 AC/ 122,497 SF
- Proposed Rezone: CS-MU-DB90-CO-NP
- Proposed Density: 285 to 330 Units
- Zoning: CS-MU-CO-NP
- Proposed Project: Urban Multifamily (Wrap- or Podium-Style)
Property Facts
| Property Type | Land | Proposed Use | Mixed Use |
| Property Subtype | Commercial | Total Lot Size | 2.81 AC |
| Zoning | CS-MU-CO-NP | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 2.81 AC |
| Zoning | CS-MU-CO-NP |
Description
The stretch of South Congress Avenue between Highway 71 and Stassney Lane is rapidly becoming an urban hub with the fulfillment of the St. Elmo District as well as the future expansion of the Capital Metro Rail Line. The property is located directly across from the vibrant St. Elmo District, a burgeoning hub for work-live-play lifestyle that has evolved from a historically industrial area to a mixed-use community that hosts a plethora of shopping, eating and entertainment options as well as thousands of housing units, hotel rooms and office space. Capital Metro Rail Line, with voter approval of Project Connect in 2020, is undergoing an extensive expansion that will in end connect urban areas of Austin to downtown, The Domain and the Austin Bergstrom International Airport. The Orange Line will run along South Congress Avenue, running directly past 4714 S. Congress Avenue, down to Stassney Lane. The property is within walking distance of a future stop along the Orange Line, which will provide an efficient commute for residents in the area to the rest of urban Austin.
