• 5517 Jackie Robinson St, Austin, TX 78721

For Sale

Land

For Sale

This property is available for sale
6.12
Acres
Negotiable
Sale Price
  • Total Building Size
    266,587 RSF
  • Overview

    Prime development opportunity. Raw land. 6.149 acres is largely undeveloped and is currently platted into 5 lots. The owner has an additional 3 acres available with the right offer. Assemblage is possible with additional contiguous 1.2 acres with another owner.
    Location
    5517 Jackie Robinson lies in the heart of the East Austin Submarket bounded by 183 to the North & East, I-35 to the West and Town Lake to the South. The University of Texas, the State & City Capitol and the Mueller Development are all within 4 miles. East Austin has become known as one of Austins most vibrant areas with a thriving culinary scene, several distinct entertainment districts and a long established art culture. The area is primed for development and a number of vitalizing projects, such as the Plaza Saltillo Light Rail Development and Springdale General, are in the works to continue adding value to the area.

    Highlights

    • Currently zoned SF-3 & future zoning Mixed Residential. Can use existing zoning to subdivide the property.
    • Relatively flat topography.
    • Not in the floodplain.
    • Land use report suggests it is possible to subdivide into 30-32 lots accommodating 1 SFR & ADU or 2 condos on each (60-64 units)
    • Comparable lots retail at an average of $182,500 individually
    • Nearby streets are lined with new build and duplex condos retail for over $350,000 per unit (@~1200sf) and over $280/sf

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Property Details

East Austin Development Site

Prime development opportunity. Raw land. 6.149 acres is largely undeveloped and is currently platted into 5 lots. The owner has an additional 3 acres available with the right offer. Assemblage is possible with additional contiguous 1.2 acres with another owner.
Location
5517 Jackie Robinson lies in the heart of the East Austin Submarket bounded by 183 to the North & East, I-35 to the West and Town Lake to the South. The University of Texas, the State & City Capitol and the Mueller Development are all within 4 miles. East Austin has become known as one of Austins most vibrant areas with a thriving culinary scene, several distinct entertainment districts and a long established art culture. The area is primed for development and a number of vitalizing projects, such as the Plaza Saltillo Light Rail Development and Springdale General, are in the works to continue adding value to the area.

Highlights

  • Currently zoned SF-3 & future zoning Mixed Residential. Can use existing zoning to subdivide the property.
  • Relatively flat topography.
  • Not in the floodplain.
  • Land use report suggests it is possible to subdivide into 30-32 lots accommodating 1 SFR & ADU or 2 condos on each (60-64 units)
  • Comparable lots retail at an average of $182,500 individually
  • Nearby streets are lined with new build and duplex condos retail for over $350,000 per unit (@~1200sf) and over $280/sf

  • Property Type
    Land
  • Submarket
  • Total Building Size
    266,587RSF
  • Total Acres
    6.12
  • Last updated
    Jun 19, 2019
  • Property ID
    2089714

Landlord's Sales Representative

  • Jeremy Kunzinger
    Keller Williams
     
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