MULTI-FAMILY SITE in OPPORTUNITY ZONE - UNDER CONTRACT -

UNDER CONTRACT - FOR SALE MULTI-FAMILY SITE in OPPORTUNITY ZONE

Pearce Ln., Austin, Texas 78617

Land For Sale
Offering Document Access

This MF site is located in the masterplanned community Sun Chase and is only a 10 minute drive to the future Tesla project, where there will be up to 5,000 jobs at full capacity. Other area employers are Austin-Bergstrom International Airport (ABIA), Chanel, and Circuit of the Americas. The Planned Unit Development (PUD) allows for over 2,400 SF units, 2,000 MF units, 1,500 medium density units, 77 acres of commercial sites, parks, and school sites. Seller has a PUD requirement that 10% of this site’s units be restricted to 60% of AMI for 40 years. Seller will deliver a final platted lot with utilities stubbed to the site. Detention is handled regionally with water quality to be provided for on-site. Parkland dedication fees are waived, along with the City’s wastewater capital recovery fees.

Features

Price: $ 15,000 per approved multi-family unit

Topography: See Flyer

Flood Hazard: Yes, See Flyer

Jurisdiction: City of Austin (Limited Purpose Annexation)

Utilities: Yes, See Flyer

Multi-family

Total Acres: 14.92

Contacts

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