8501 1St StAustin, TX 78748

Property Details for 8501 1St St

Lot size

7.45 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 7.45-acre residential land parcel presents a remarkable multi-family development opportunity in South Austin, Texas. Located at 8501 S 1st St, Austin, TX 78748, this property boasts convenient access to major thoroughfares, including I-35 (less than a mile west, with direct access via Slaughter Lane), SH-71 (4 miles southwest), Loop 360/US-290 (4 miles south), Mopac (4.5 miles east), TX-45 (4.5 miles north), US-183 (6 miles west), and TX-130 (8 miles west). Its strategic location offers quick commutes to key areas, including Sunset Valley/Arbor Trails (12 minutes), Austin-Bergstrom International Airport (ABIA) (15 minutes), South Congress (SoCo) (15 minutes), Buda (15 minutes), and Downtown Austin (18 minutes). The property is zoned GR-MU-V-DB90 and its proximity to Southpark Meadows, a large mixed-use shopping center featuring a recently added 126,000 sq ft HEB, further enhances its desirability. The ongoing I-35 Capital Express South project, slated for completion by 2028, will significantly improve traffic flow in the area, adding value to this already prime location. The APN is 0428110102. This is an unparalleled chance to capitalize on Austin's thriving real estate market. The property's size and location make it ideal for a substantial multi-family development project.

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.1773

Longitude

-97.7953

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