1207 1St StAustin, TX 78704

For Sale
$3,300,000

0.49-acre lot, ±21,401 SF, ideal for mixed-use.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 0.49-acre commercial land parcel, encompassing approximately 21,401 square feet, presents a prime development opportunity in the heart of Austin, Texas. Located at 1207 & 1209 S. First St., this property boasts a highly desirable address less than a mile from downtown and within walking distance of South Congress' vibrant attractions. Zoned CS-V-CO-NP/General Commercial Services (APN: 1008035, 100836), the site offers unparalleled flexibility for a variety of development projects, including multi-family residential, hospitality ventures, and diverse mixed-use concepts. Its central location provides convenient access to Austin's amenities at a significantly lower cost than comparable downtown properties. This is a rare opportunity to acquire one of the few remaining parcels along South First Street suitable for substantial multi-family development so close to the city center. The asking price for this exceptional property is $3,300,000. This presents a unique investment prospect with significant potential for substantial returns.

Highlights

  • Prime development opportunity in Austin, TX.
  • Located less than one mile from downtown, walking distance to South Congress.
  • Suitable for multi-family, hospitality, and mixed-use development.
  • Excellent access to Austin amenities at a lower cost than comparable downtown properties.
  • Rare opportunity for multi-family development near downtown on South First Street.

Property Details for 1207 1St St

Property type
Other land, Land
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.251735
Longitude
-97.753894
1207 1St St, Austin, Texas

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1207 1St St
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