1207 1St StAustin, TX 78704

This exceptional 0.49-acre commercial land parcel, encompassing approximately 21,401 square feet, presents a prime development opportunity in the heart of Austin, Texas. Located at 1207 & 1209 S. First St., this property boasts a highly desirable address less than a mile from downtown and within walking distance of South Congress' vibrant attractions. Zoned CS-V-CO-NP/General Commercial Services (APN: 1008035, 100836), the site offers unparalleled flexibility for a variety of development projects, including multi-family residential, hospitality ventures, and diverse mixed-use concepts. Its central location provides convenient access to Austin's amenities at a significantly lower cost than comparable downtown properties. This is a rare opportunity to acquire one of the few remaining parcels along South First Street suitable for substantial multi-family development so close to the city center. The asking price for this exceptional property is $3,300,000. This presents a unique investment prospect with significant potential for substantial returns.