5549 McNeil Dr - 5549 McNeil Dr 2.9 Acres of Commercial Land Offered at $2,219,024 CAD in Austin, TX 78729

INVESTMENT HIGHLIGHTS

  • Approved Site Development Plan for 106 multifamily units
  • No Zoning

EXECUTIVE SUMMARY

30% Price Reduction.
An opportunity to acquire a ±2.902-acre development site in the City of Austin 2-mile ETJ with an approved site development plan for 106 multifamily units. The property is strategically located on McNeil Drive directly across the street from McNeil High School and only 0.75 miles from the intersection with Parmer Lane. Easy access to both Loop 1 (MoPac Expressway) and Highway 183 (Research Boulevard).

PROPERTY FACTS

Price $2,219,024 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 2.90 AC
Zoning None - City of Austin 2-Mile ETJ

1 LOT AVAILABLE

Lot

Price $2,219,024 CAD
Price Per AC $765,180.72 CAD
Lot Size 2.90 AC

±2.902-acre Development Site with an Approved Site Plan for a 106 Multifamily Units

DESCRIPTION

The property is strategically located on McNeil Drive directly across the street from McNeil High School and only 0.75 miles from the intersection with Parmer Lane. Easy access to both Loop 1 (MoPac Expressway) and Highway 183 (Research Boulevard). Major area employers include Apple, Oracle, Cisco, ebay, and EA Sports.

  • Listing ID: 31301688

  • Date on Market: 2024-03-22

  • Last Updated:

  • Address: 5549 McNeil Dr, Austin, TX 78729