Avison Young is pleased to present the opportunity to acquire ±51.033 acres located at 4900 E. Howard Lane in Austin, TX. Situated within Austin’s 2-mile ETJ and designated as an Opportunity Zone, the Property offers significant flexibility for retail commercial, multifamily, build-to-rent residential, flex industrial, mixed-use development. The front ±12.5 acre parcel (“Phase 1”) is fully platted with an approved SER for water and wastewater service, providing a clear path toward near-term development.
Potential development scenarios include 171 townhome units or 300 garden-style multifamily units, highlighting the site’s strong residential development potential. With multiple approved access points and strong surrounding growth, the Property represents a compelling investment and development opportunity in one of Austin’s most active growth corridors.
SIZE: ±51.003 Acres
UTILITIES: Approved SER for water & wastewater service on Phase 1
ALLOWABLE USES: Commercial, Multifamily, BTR, Flex Industrial, Mixed-Use
JURISDICTION: Austin 2-Mile ETJ - Travis County
ZONING: Unzoned - No future land use designation
ACCESS: 2 approved curb cuts on Howard Ln + 2 additional access points through the Cantera neighborhood
ASKING PRICE: Contact Broker