5916 Lamar BlvdAustin, TX 78752

This exceptional 2.05-acre development site in Austin, Texas, presents a remarkable investment opportunity. Located at 5916 N Lamar Blvd, in the thriving Midtown submarket, this fully entitled property boasts approved site plans and building permits for a seven-story mixed-use building. The project envisions approximately 326 multifamily units situated above ground-floor commercial space, catering to the high demand for housing in Austin's rapidly expanding market. The site benefits from a highly visible location on Lamar Boulevard (25,000 vehicles per day), adjacent to P. Terry's and across from the Texas Department of Public Safety. Its strategic location offers convenient access to major thoroughfares, including I-35 and MoPac Expressway, and proximity to the University of Texas at Austin (3.5 miles) and Austin Community College Highland campus. Furthermore, the property's zoning (CS-MU-V-CO-NP) qualifies for the Corridor Overlay Ordinance and is ideally suited for affordable housing development. Future residents will enjoy convenient access to Austin's planned light rail system, providing seamless connectivity throughout the city. This prime location in Midtown offers a blend of relaxed urban living with easy access to downtown Austin's vibrant amenities, including parks, coffee shops, and diverse dining options. The site's high visibility, excellent access, and fully entitled status make it an exceptional investment prospect in one of the fastest-growing cities in the United States. The property is situated in Travis County, zip code 78752.