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00 E US Hwy 290 - E US 290 8.5 acres North Central Austin

8.51 Acres of Commercial Land Offered at £3,524,850 in Austin, TX 78723

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Investment Highlights

Several acres ready for development within North-central Austin.

Executive Summary

8.5 acres in Central North Austin. Northwest near the corner of E Hwy 290 & Hwy 183. Incredible location for this much acreage. Frontage along E Hwy 290 and Coronodo Hills Dr. dead ends into the property on the North side of the tract, coming through the Coronado HIlls neighborhood. Most of the acreage is level and gently slopes for easy development and good drainage. Beautiful Little Walnut Creek runs along the eastern border of the property offering great views.
Travis County PID 226844. Currently zoned office, GO-CO-NP. Previously zoned multi-family. Great location for office, but also, considering Austin City Council's appetite for high density, there may be a great opportunity for a zoning change and development of many homes on small lots, townhome or condo developments, or multi-family. This may also be a great site for a hotel, with great access to the airport, Mueller, and downtown Austin.

Photo Brochure Flyer_090624

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per AC
Taxes	$99,999	$9.99
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes
Annual	$99,999
Annual Per AC	$9.99

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$99,999
Annual Per AC	$9.99

Property Facts

Price	£3,524,850	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Office Multifamily Hospitality Apartment Units Medical Single Family Development
No. Lots	1	Total Lot Size	8.51 AC
Property Type	Land

Price	£3,524,850
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Office Multifamily Hospitality Apartment Units Medical Single Family Development
Total Lot Size	8.51 AC

1 Lot Available

Lot

Price	£3,524,850	Lot Size	8.51 AC
Price Per AC	£414,201

Price	£3,524,850
Price Per AC	£414,201
Lot Size	8.51 AC

8.5 acres of mostly flat terrain on busy US 290 very near Hwy 183 in North Central Austin. Little Walnut Creek runs close to the eastern border & is a pretty asset to the property. Access from Coronado Hills Dr. or US 290.

Description

8.51 acres of undeveloped land along E 290 Highway near 183. Coronado Hills Dr dead ends into the property on the north side. The property is directly next to Austin Achieve Elementary School and the Coronado Hills neighborhood.

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aerial
map

00 E US Hwy 290, Austin, TX - aerial map view - Image1

00 E US Hwy 290, Austin, TX - aerial map view - Image2

00 E US Hwy 290, Austin, TX - aerial map view - Image3

00 E US Hwy 290, Austin, TX - aerial map view - Image4

00 E US Hwy 290, Austin, TX - aerial map view - Image5

PROPERTY TAXES

Parcel Number	226844	Total Assessment	£1,088,872
Land Assessment	£1,088,872	Annual Taxes	-£1
Improvements Assessment	£0	Tax Year	2023

PROPERTY TAXES

Parcel Number

226844

Land Assessment

£1,088,872

Improvements Assessment

£0

Total Assessment

£1,088,872

Annual Taxes

-£1

Tax Year

2023

zoning

Zoning Code	GO-CO-NP (General Office use. The previous owner changed the zoning from Multifamily to Office use. Potential to change to mixed use with high density.)
GO-CO-NP (General Office use. The previous owner changed the zoning from Multifamily to Office use. Potential to change to mixed use with high density.)