$2,375,000

Prime development site or massive private estate. Secure a premier 1.976-acre tract less than 1 mile from the Mueller development. Perfectly situated for a "quick-to-market" project, this site benefits from the momentum of the nearby Lofts at St. Stephens, Hacienda, and the St. Stephens III condominium projects. The property features an existing single-family residence and multiple outbuildings, offering income-producing capabilities during the planning phase. Currently zoned SF-3-NP, the site is a prime candidate for Austin’s HOME Initiatives (allowing for increased density without rezoning) or a transition to SF-6 for multi-unit residential layouts. Complete boundary, tree, and topographic surveys are finished, a professional land planner site assessment with conceptual layouts is available upon request to qualified buyers, and the title has been researched and is currently open with Independence Title. This is a "clean" site with gentle topography sloping toward the southwest and no known environmental hurdles. Utilities are accessible, with 8-inch water and wastewater mains in the Pecan Springs Road right-of-way and existing overhead electric service. The location boasts excellent transit-oriented appeal, situated only 0.2 miles from a bus stop and 0.4 miles from the Manor Road Bus Rapid Transit (BRT) corridor. Strategic Opportunity: This property is contiguous to 4806 Pecan Springs Road (1.74 acres), which is also available. Purchase both tracts as a 3.716-acre combined project at a reduced price to create a landmark development with unmatched scale. Conceptual plans available to qualified buyers. Property is sold "as-is, where-is”. Seller makes no warranties, express or implied, regarding physical condition, environmental status, or developmental viability. All buyers should perform their own independent due diligence.