Description
Fully permitted 6-unit development opportunity in Austin’s rapidly growing East Riverside corridor. This offering includes two parcels (not a single lot), along with architectural plans, city-approved permits, engineering documents, and site studies, allowing a buyer to begin construction without the typical entitlement process. Approved for a modern 6-unit condo project, the property offers flexibility for condominium sales, long-term rentals, or a hybrid investment strategy. Excellent location with convenient access to Downtown Austin, Austin-Bergstrom International Airport, the Oracle campus, and major highways. Comparable new construction in the area has recently sold in the mid-$500,000 range. Buyer to independently verify all development information, permits, zoning, project approvals, square footage, comparable sales, and any applicable development requirements.
Property Details
| Status | Active |
| MLS # | ACT245827067 |
| Taxes | $5,450 (2026) / year |
| Type | Commercial Sale |
| Lot Size | 0.33 AC / 14,209 SF |
| County | Travis |
| Subdivision | Willhoite |
Property Information
Parking
Directions: From E Riverside Dr go northeast on Montopolis Dr for approx a mile, left on Ponca St to property on the right
Location
Property History
| Date | Event | Price |
|---|---|---|
| Sep 4, 2026 | Listed (Active) · MLS# ACT245827067 | $599,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Lot Size | 14,209 Sq. Ft. |
| Style | Commercial Sale |
| County | TRAVIS |
| MLS # | ACT245827067 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.