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$750,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Site-Pad
Listing Status Active
Purchase Type For Sale
Subdivision Banister Heights
MLS Listing ID 9313691
Year Built 2023
Annual Tax Amount $11,269
Tax Year 2026
Lot Size 0.498 Acres
Acres 0.4978
Property Sub-Type Site-Pad
Source actris
Property Description
Approximately 0.49 acres of cleared, unimproved land in the Banister Heights neighborhood of 78704, one block north of Ben White Blvd with quick access to South First, South Lamar, and IH-35.
Zoned LR-MU-CO per public records. LR is a commercial base district, the zoning category addressed by Texas Senate Bill 840, effective September 1, 2025, which establishes a by-right pathway for multifamily and mixed-use residential development on commercially zoned land. City of Austin implementation guidelines published for SB 840 sites reference density of up to 54 units per acre, a height standard of the greater of 45 feet or the height otherwise permitted on the site, no floor-to-area ratio cap, and administrative rather than discretionary review. Austin has no citywide off-street parking minimum.
Achievable density and building envelope on this parcel will depend on Conditional Overlay terms, watershed classification, impervious cover, compatibility standards, and site design. No representation is made as to units achievable. Buyer to independently verify all zoning, entitlement, environmental, and site conditions with the City of Austin and its own professional advisors.
Zoned LR-MU-CO per public records. LR is a commercial base district, the zoning category addressed by Texas Senate Bill 840, effective September 1, 2025, which establishes a by-right pathway for multifamily and mixed-use residential development on commercially zoned land. City of Austin implementation guidelines published for SB 840 sites reference density of up to 54 units per acre, a height standard of the greater of 45 feet or the height otherwise permitted on the site, no floor-to-area ratio cap, and administrative rather than discretionary review. Austin has no citywide off-street parking minimum.
Achievable density and building envelope on this parcel will depend on Conditional Overlay terms, watershed classification, impervious cover, compatibility standards, and site design. No representation is made as to units achievable. Buyer to independently verify all zoning, entitlement, environmental, and site conditions with the City of Austin and its own professional advisors.
Location
State TX
County Travis
Zoning LR-MU-CO per public reco
Interior
Heating None
Cooling None
Flooring See Remarks
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
View See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Others
Special Listing Condition Standard
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Listed by Realty One Group Prosper
NEARBY SCHOOL & BUSINESS
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