0 Twilight GdnAustin, TX 78749

For Sale
$4,900,000

18.8 acres, 48-home potential, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 18.8-acre commercial land parcel presents a remarkable build-to-rent opportunity in Austin, Texas. Located in Travis County, zip code 78749, near the desirable Circle C North and Legend Oaks neighborhoods, this property boasts unparalleled access to Central Texas via the 71/290 corridor. Zoned SF-1-CO-NP, the site is ready for immediate development. Detailed site development plans are complete and ready for submission, streamlining the building process. The property is uniquely positioned to capitalize on the high demand for rental housing in the area. According to a recent city code amendment (Home Initiative), the site allows for the construction of 48 build-to-rent homes, with three homes permitted per lot (16 lots of 0.5+ acres each). All necessary off-site utilities are readily available, eliminating significant infrastructure hurdles. This turnkey project offers a substantial return on investment for developers seeking a prime location and a streamlined development path. The asking price for this exceptional opportunity is $4,900,000. Don't miss this chance to acquire a highly sought-after commercial land parcel in one of Austin's most desirable areas.

Highlights

  • $4,900,000 asking price.
  • 18.8-acre commercial land parcel.
  • SF-1-CO-NP zoning.
  • Potential for 48 build-to-rent homes (3 per lot).
  • Full utilities available.
  • Ready-to-submit site development plans.

Property Details for 0 Twilight Gdn

Property type
Other land, Land
Lot Size (sq. ft)
818,928 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2175453
Longitude
-97.8558357
Twilight Gdn, Austin, Texas

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0 Twilight Gdn
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