2500 Willow Hl DrAustin, TX 78741

Property Details for 2500 Willow Hl Dr

Lot size

2.73 AC

Property size (Sq ft)

336,262 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 371-unit apartment building situated on a 2.73-acre lot in Austin, Texas. Located at 2500 Willow Hill Drive, this property boasts a substantial 336,262 square feet of space and is zoned ERC, making it permit-ready for immediate development or expansion. The property's strategic location within the rapidly developing Riverside Drive corridor offers unparalleled access to key Austin amenities. Its proximity to the Oracle Campus and the vibrant South Shore District provides residents with convenient access to employment centers, retail options, and entertainment venues. Furthermore, its easy connection to Downtown Austin and Austin-Bergstrom International Airport enhances its appeal to a wide range of potential tenants. This multifamily development represents a significant opportunity for investors seeking a high-return asset in a thriving Austin market. The property's size and location within a rapidly growing area position it for strong rental income and future appreciation. This is a rare chance to acquire a substantial multifamily asset in one of Austin's most desirable and dynamic neighborhoods. The property's permit-ready status streamlines the development process, allowing for a swift and efficient transition into ownership and operation. This makes it an attractive proposition for investors seeking a quick return on their investment.

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2337

Longitude

-97.7257

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