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3115 Manor Rd
Austin, TX 78723

Land For Sale · 4.22 AC

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Investment Highlights

3115 Manor Road is a 4.22 multi-family development to support the increasing Austin population.
Located within minutes of The University of Texas at Austin, Downtown Austin, Mueller, and easy access to Austin Bergstrom Airport.

Ideally situated on the large-transit corridor of Manor Rd. and in an opportunity zone, all while nearby top Austin employers and retail destinations.
Opportunity Zone offers potential to defer, reduce, or eliminate taxes on investors unrealized capital gains.

Executive Summary

Increased density is available thru DB90 on 3115 Manor Road. Should be able to achieve 700 units in 1 bldg. or 350 units in 2 bldgs.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	4.22 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily
Total Lot Size	4.22 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	4.22 AC

Lot Size	4.22 AC

Description

• 1 Building w/ 700 units | 927 Parking spaces ~or~ • 2 Buildings w/ 350 units + 330 units = 680 units | 927 Parking spaces • Frontage on Manor Rd. and Theo Dr

PROPERTY TAXES

Parcel Numbers	Multiple 204449 204472 204451 204443	Improvements Assessment	$288,900 CAD
Land Assessment	$15,594,168 CAD	Total Assessment	$15,883,068 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

204449
204472
204451
204443

Land Assessment

$15,594,168 CAD

Improvements Assessment

$288,900 CAD

Total Assessment

$15,883,068 CAD

zoning

Zoning Code	CS-MU-V-NP and DB90 (CS-MU-V-NP and DB90 & an Opportunity Zone)
CS-MU-V-NP and DB90 (CS-MU-V-NP and DB90 & an Opportunity Zone)

Listing ID: 34320635
Date on Market: 2024-12-30
Last Updated:
Address: 3115 Manor Rd, Austin, TX 78723

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