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7308 S Congress Ave 1.54 Acres of Commercial Land in Austin, TX 78745
Investment Highlights
- Approved Site Development Permit
Executive Summary
Prime Infill Development Opportunity on ±1.54-acres with an Approved Site Development Permit for 70 Multifamily Units
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Apartment Units |
| Property Type | Land | Total Lot Size | 1.53 AC |
| Zoning | MF-3 | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.53 AC |
| Zoning | MF-3 |
1 Lot Available
Lot
| Lot Size | 1.54 AC |
| Lot Size | 1.54 AC |
Description
An opportunity to acquire a ±1.54-acre infill development site with an approved site development permit (SDP) for 70 units. The property is strategically located in South Austin between William Cannon Dr. and Slaughter Ln. with approximately 150’ of frontage on South Congress Avenue. Major retailers including two HEBs, Target, Walmart Supercenter, Lowe’s, Home Depot and Academy Sports & Outdoors are all within 2 miles of the property. Southpark Meadows, a 435-acre master-planned development featuring 1.6 million square feet of retail and 40 acres of greenbelt parkland is less than 3 miles to the south. Downtown Austin is a 20-minute drive north.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 338191 | Improvements Assessment | $0 |
| Land Assessment | $1,311,620 | Total Assessment | $1,311,620 |
Property Taxes
Parcel Number
338191
Land Assessment
$1,311,620
Improvements Assessment
$0
Total Assessment
$1,311,620
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Contact the Sale Advisor
7308 S Congress Ave