2307 Leon St - Commercial LAND FOR SALE


Austin, TX 78705- West Campus Austin12,197 SF
$3,500,000 USD
512-748-2420
2307 Leon St, Austin, TX for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/2
12,197 SF

2307 Leon St
Austin, TX 78705
West Campus Austin


HIGHLIGHTS

  • ±0.28 AC infill development site in one of Austin’s most supply constrained submarkets
  • Zoned MF-4-CO-ETOD-DBETOD-NP, permitting moderate- to high density multifamily, condominium, or purpose-built student housing development
  • Surrounded by West Campus’ premier retail, dining, entertainment, and everyday amenities
  • Opportunity to capitalize on West Campus’ premium rental rates and long-term barriers to entry
  • Just 0.7 miles (approximately a 12-minute walk) from The University of Texas at Austin

OVERVIEW

Franklin Street is pleased to present 2307 Leon Street, a premier investment opportunity located in the heart of Austin’s highly sought-after West Campus submarket. Situated just steps from The University of Texas at Austin, the property offers investors and developers the rare opportunity to acquire a well positioned infill site in one of the city’s most dynamic and supply-constrained neighborhoods. The property is zoned MF-4-CO-ETOD-DBETOD-NP, permitting moderate- to high-density residential development, including apartments, condominiums, and purpose-built student housing. As part of the City of Austin’s Equitable Transit-Oriented Development (ETOD) Density Bonus Overlay, the site may qualify for additional height and density through the City’s affordability bonus program, subject to City approval. 2307 Leon Street benefits from exceptional walkability, immediate access to The University of Texas, and proximity to Downtown Austin, major employment centers, retail, dining, and entertainment. Surrounded by continued redevelopment and sustained demand for student-oriented housing, the property represents a compelling opportunity to capitalize on one of Austin’s most resilient multifamily investment markets.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$12,500,000/AC

PRICE/SF

$287 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

West Campus Investment Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Hospitality, Apartment Units, Apartment Units - Dorms, Community Center, Hold for Development, Hold for Investment, Single Family Development, Single Family Residence

LAND ACRES

0.28 AC

LAND SF

12,197 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MF-4-CO-ETOD-DBETOD-NP

APN/PARCEL ID

112427

ASK ABOUT THIS PROPERTY

Marshall DurrettFranklin StreetMore Info
512-748-2420

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Marshall DurrettFranklin StreetMore Info
512-748-2420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.