Description
Prime Riverside Development Opportunity – GR-NP Corner | SF-3-NP Interior | SB-840 Eligible | Up to 5 Stories Exceptional development opportunity totaling approximately 27,315 SF across three attached parcels, including a GR-NP zoned corner lot and two SF-3-NP interior residential lots. Under current code and SB-840 eligibility, the GR parcel allows for streamlined residential development up to five stories with minimal setbacks, while also permitting commercial or mixed-use uses, providing multiple development strategies. The interior residential lots expand the footprint and may offer future rezoning potential, creating the opportunity for a larger, higher-density project. The site also supports smaller by-right residential development, neighborhood retail, coffee shop, or mixed-use concepts depending on the buyer’s vision. Located along the rapidly evolving East Riverside corridor, the property is approximately 1.7 miles from Oracle’s campus and surrounded by significant mixed-use and multifamily development. The site is near the proposed Montopolis ETOD district and future Project Connect rail station, positioning it for long-term transit-oriented growth. Strong corner visibility, high traffic counts, and quick access to major arterials make this a rare infill opportunity with multiple exit strategies in one of Austin’s highest growth corridors. Broker / Owner
Property Details
| Status | Active |
| MLS # | ACT223753733 |
| Type | Commercial Sale |
| Lot Size | 0.63 AC / 27,312 SF |
| County | Travis |
| Subdivision | Culp |
Property Information
Parking
Directions: North on Montopolis from Riverside Dr. On right going south on Montopolis.
Location
Property History
| Date | Event | Price |
|---|---|---|
| May 18, 2026 | Listed (Active) · MLS# ACT223753733 | $992,000 |
| — | Original List Price | $1,250,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Lot Size | 27,312 Sq. Ft. |
| Style | Commercial Sale |
| County | TRAVIS |
| MLS # | ACT223753733 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.