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901 Stobaugh St 1 Acre of Commercial Land Offered at $3,700,000 in Austin, TX 78757
Investment Highlights
- Close to highway 183
- Site is mostly flat
- Located in the highly desirable Crestview neighborhood
Executive Summary
This 1-acre parcel offers a rare opportunity in the highly desirable Crestview neighborhood of Austin, Texas. Positioned within a well-established residential and mixed-use area, the property provides exceptional potential for redevelopment or long-term investment. Its location places it near major thoroughfares, including North Lamar Boulevard and Burnet Road, ensuring convenient access to downtown Austin and the broader metro area.
The site benefits from proximity to a vibrant mix of retail, dining, and entertainment options, as well as strong connectivity to public transportation and commuter routes. With Austin’s continued population growth and robust economic expansion, this property represents a compelling opportunity for developers, investors, or owner-users seeking to capitalize on one of the city’s most dynamic submarkets.
Surrounding amenities include local restaurants, boutique shops, and essential services, all within walking distance. Additionally, the property is located near major employment centers and is just a short drive from The Domain, Austin’s premier shopping and business district.
The site benefits from proximity to a vibrant mix of retail, dining, and entertainment options, as well as strong connectivity to public transportation and commuter routes. With Austin’s continued population growth and robust economic expansion, this property represents a compelling opportunity for developers, investors, or owner-users seeking to capitalize on one of the city’s most dynamic submarkets.
Surrounding amenities include local restaurants, boutique shops, and essential services, all within walking distance. Additionally, the property is located near major employment centers and is just a short drive from The Domain, Austin’s premier shopping and business district.
Property Facts
| Price | $3,700,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | ||
| Zoning | MF-2 - Zoned for multifamily (MF-2) | ||
| Price | $3,700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.00 AC |
| Zoning | MF-2 - Zoned for multifamily (MF-2) |
1 Lot Available
Lot
| Price | $3,700,000 | Lot Size | 1.00 AC |
| Price Per AC | $3,700,000.00 |
| Price | $3,700,000 |
| Price Per AC | $3,700,000.00 |
| Lot Size | 1.00 AC |
1 acre site zoned MF-2. Located in the highly desirable Crestview neighborhood. Trees are mostly on the edges of the property. Site is mostly flat. Siteplan (turned in but not approved) for 15 units with average unit size of 2,733. Buyer could use a
Description
1 acre site zoned MF-2. Located in the highly desirable Crestview neighborhood. Trees are mostly on the edges of the property. Site is mostly flat. Site plan (turned in but not approved) for 15 units with average unit size of 2,733. Buyer could use a different plan. Currently 2 houses rented on a month to month basis. Total monthly rent is $4,300. Collect rent while finalizing plans.
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $271,245 | |
| Land Assessment | $802,644 | Total Assessment | $1,073,889 |
Property Taxes
Parcel Numbers
Land Assessment
$802,644
Improvements Assessment
$271,245
Total Assessment
$1,073,889
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Contact the Sale Advisor
901 Stobaugh St