Description
Fully Permitted 6-Unit Development Lot | Architecture + Permits Convey Incredible opportunity to acquire a shovel-ready multifamily development site in the rapidly growing East Riverside corridor. All architectural plans, city-approved permits, engineering documents, and site studies convey, enabling immediate construction and eliminating 6–12 months of entitlement risk and holding costs. Approved for a 6-unit modern condo project, this property is well-suited for developers seeking a streamlined build with strong exit flexibility — ideal for resale, long-term rental, or hybrid strategies. Comparable new-construction units in the submarket are trading in the $550K–$600K range, providing compelling upside potential. Convenient access to Downtown Austin, the Airport, Oracle campus, and major transportation corridors further enhances demand fundamentals. All information is deemed reliable. Buyers to verify all information.
Property Details
| Status | Active |
| MLS # | ACT218272254 |
| Taxes | $4,835 (2025) / year |
| Type | Commercial Sale |
| Year Built | 1946 |
| Living Area | 1 Sq. Ft. |
| Lot Size | 0.33 AC / 14,209 SF |
| County | Travis |
| Subdivision | Willhoite |
Property Information
Parking
Directions: From E Riverside Dr go northeast on Montopolis Dr for approx a mile, left on Ponca St to property on the right
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT218272254 | $575,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Total Sq. Ft. | 1 |
| Lot Size | 14,209 Sq. Ft. |
| Style | Commercial Sale |
| County | TRAVIS |
| MLS # | ACT218272254 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.