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Active
4500 E 51st ST Austin, TX 78723
1.46 Acres Lot
UPDATED:
02/13/2025 01:07 PM
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision Springdale Commons
MLS Listing ID 7991676
HOA Y/N No
Originating Board actris
Tax Year 2024
Lot Size 1.456 Acres
Acres 1.4556
Property Sub-Type Lot
Property Description
Unique mixed-use development parcel in an amazing East Central Austin location with very attractive demographics and demand for urban experiences by households in the immediate vicinity. The site is minutes to the famed Mueller mixed-use master-planned community and Dell's Children Hospital, 10 minutes to The University of Texas, 15 minutes to Austin's CBD as well as Dell's Medical Center/ Red River District and 15 minutes to Austin Bergstrom International Airport. - 10,288 vehicles per day at E 51st and Springdale Rd - Population count over 55,000 within 2 miles - Household income average at $108,0000 annually - Average Age - 35 years old - Strong small office (or office condos) occupancy rates at 85%+ - Retail occupancy rates 90%+ - Previous Fully approved STP for almost 20,000SF office/community clinic - Preliminary studies indicate 18,000-20,000 square foot mixed-use office retail building is feasible • Dual Access to Springdale Rd and 51st Street • 1 mile to Mueller and Dell Children Hospital • 2 miles to University of Texas and UT Medical • 90% Allowable Impervious Coverage • 75% Allowable Building Coverage • Zoning GR-CO-NP • 60' Allowed Building Height • 1:1 Floor-to-Area Ratio • Approximately 44 parking spaces • Over 20k households within 2 miles
Location
State TX
County Travis
Interior
Fireplace No
Exterior
Exterior Feature See Remarks
Fence None
Community Features See Remarks
Utilities Available None
Waterfront Description None
View None
Building
Lot Description Corner Lot, Level, Many Trees, Trees-Medium (20 Ft - 40 Ft), See Remarks
Sewer None
Water None
New Construction No
Schools
Elementary Schools Pecan Springs
Middle Schools Garcia
High Schools Lyndon B Johnson (Austin Isd)
School District Austin Isd
Others
Special Listing Condition Standard
Listed by @ properties Christie's International