$3.80M

Description

Shovel-ready townhome development opportunity in Central Austin. The property is fully entitled and horizontally developed for 39 townhome units within the Legacy at St John condominium regime. The original project consists of 55 total units, with 16 units already sold, leaving 39 remaining buildable sites included in this offering along with the common area parcel. The site is zoned SF-3 (Family Residence District) under the City of Austin Land Development Code and is ideally suited for for-sale townhomes or build-to-rent development. Horizontal infrastructure has been completed, providing a rare opportunity for a builder or developer to move directly into vertical construction. Located in the rapidly redeveloping St. Johns / North Central Austin submarket, the property offers convenient access to IH-35, US-183, and Downtown Austin, with proximity to major employment centers, retail, and transit corridors. The surrounding area continues to experience significant residential growth and infill redevelopment, supporting strong demand for new townhome product. Sale includes the remaining 39 condominium unit parcels and associated common area within the Legacy at St John condominium project. Development documentation and additional due diligence materials available upon request. Reach out to agent for full Data Room access. Buyer to independently verify zoning, development rights, utilities, and all development-related information.

Property Details

Listing Agent