6201 E Highway 290 - Hospitality FOR SALE


Austin, TX 78723- Windsor Park
$5,500,000 USD
512-605-7494
6201 E Highway 290, Austin, TX for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

6201 E Highway 290
Austin, TX 78723
Windsor Park


HIGHLIGHTS

  • Two curb cuts on Hwy 290 frontage road offer easy ingress and egress with outstanding visibility.
  • CS-MU zoning enables a wide range of development options including mixed-use, retail, and multifamily.
  • Located minutes from the Mueller District, Downtown Austin, and UT Austin, ensuring excellent connectivity.
  • Over 105,000 vehicles pass the site daily with robust consumer demographics nearby.
  • Surrounded by dense residential neighborhoods, employment hubs, and emerging mixed-use projects.
  • Existing 22,410 SF hotel structure allows interim income or adaptive reuse while planning redevelopment.

OVERVIEW

The property at 6201 E Highway 290 in Austin, Texas presents a rare infill redevelopment opportunity perfectly situated along Hwy 290 within one of the city's most dynamic growth corridors. Featuring 1.65 acres complemented by an existing 22,410 SF hotel, the site combines immediate income potential with long-term value creation through redevelopment. Its CS-MU zoning provides broad flexibility for future uses including multifamily, mixed-use, or retail development. Positioned between Austin’s urban core and the bustling eastern submarkets, the property enjoys direct frontage on a major thoroughfare with two existing curb cuts, offering strong access and significant daily traffic counts exceeding 105,000 vehicles. The surrounding area has seen transformative investments, including the acclaimed Mueller District just five minutes away, unlocking demand from both residential and commercial users. This corridor benefits from high visibility and close connectivity—7 minutes to the University of Texas at Austin, 11 minutes to Downtown, and just 15 minutes to both the Domain and Austin-Bergstrom International Airport. With strong nearby demographics, an employment base of over 88,000, and nearly 10,000 businesses within three miles, the property is uniquely positioned for investors and developers seeking to capitalize on Austin’s sustained economic expansion and urban revitalization momentum.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$245 USD /SF

# OF ROOMS

49

PRICE/ROOM

$112,245 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scottish Inn & Suites Austin

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

CS-MU-NP

APN/PARCEL ID

225562

ASK ABOUT THIS PROPERTY

Todd MahlerNAI PartnersMore Info
512-605-7494

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

Todd MahlerNAI PartnersMore Info
512-605-7494

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