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6106 Ponca St - 6106 Ponca 0.33 Acres of Commercial Land Offered at $575,000 in Austin, TX 78741
Investment Highlights
- Fully permitted development site with city-approved plans and engineering documents
- Approved for a 6-unit modern condominium project in East Riverside corridor
- Prime location with quick access to Downtown Austin, Austin-Bergstrom Airport, and major highways
- Shovel-ready for immediate construction, reducing entitlement risk and holding costs
- Architectural plans and site studies included in the sale
- Strong market fundamentals with comparable new-construction units trading at $550K–$600K
Executive Summary
Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs.
Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies.
Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals.
Buyers to verify all information.
Property Facts
| Price | $575,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Price | $575,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.33 AC |
1 Lot Available
Lot
| Price | $575,000 | Lot Size | 0.33 AC |
| Price Per AC | $1,742,424.24 |
| Price | $575,000 |
| Price Per AC | $1,742,424.24 |
| Lot Size | 0.33 AC |
Fully Permitted 6-Unit Development Lot | Architecture + Permits Convey Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor.
Description
Fully Permitted 6-Unit Development Lot | Architecture + Permits Convey Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs. Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies. Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals. Buyer to verify all information.
Property Taxes
| Parcel Number | 969922 | Improvements Assessment | $407,594 |
| Land Assessment | $82,500 | Total Assessment | $490,094 |
Property Taxes
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6106 Ponca St - 6106 Ponca
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