Approximately 0.49 acres of cleared, unimproved land in the Banister Heights neighborhood of 78704, one block north of Ben White Blvd with quick access to South First, South Lamar, and IH-35. Zoned LR-MU-CO per public records. LR is a commercial base district, the zoning category addressed by Texas Senate Bill 840, effective September 1, 2025, which establishes a by-right pathway for multifamily and mixed-use residential development on commercially zoned land. City of Austin implementation guidelines published for SB 840 sites reference density of up to 54 units per acre, a height standard of the greater of 45 feet or the height otherwise permitted on the site, no floor-to-area ratio cap,
Incredible opportunity to build in the highly sought after 78704 - and priced to sell! Prime location near 290 and South Lamar with all kinds of beloved Austin favorites nearby, like Easy Tiger, Broken Spoke, Matt's El Rancho, Radio Coffee, Kerbey Lane & Soup Peddler, to name a few. Zoned SF-5 per the city website: "A duplex, two-family, townhouse, or condominium residential use is permitted in an SF-5 district under development standards that maintain single family neighborhood characteristics. " Many multi-million dollar new-builds all around. Just minutes to downtown. Great opportunity to build a dream home or investment in one of the most desirable zip codes in Austin!
Opportunity to build • Sf-5 zoning • Prime location
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ABOUT THIS HOME
78704, TX Homes for Sale
One of just a handful of Travis Heights lots north of Live Oak under $1million. Make your 78704 dreams come true by building one residence or up to three. Just 5 short blocks to bustling South Congress Avenue, this rare find is level and mostly cleared. Share Heritage Live Oak tree with neighbor next door and enjoy the shade! Faces north for minimal summer sun exposure. See agent about development options, and possible plans next door on the corner at 409.
Excellent location in Bouldin Creek 1 lot away from South First Street and no flood plain issues that the seller is aware of, with ~52' of frontage on Oltorf and 6,085 SF in total area (per TCAD). No significant tree issues that the seller is aware of. Develop your next business in a location with a nearby VPD of nearly 15,000.
3820 Menchaca is a 0.28-acre site in South Lamar neighborhood, located north of the South Lamar Blvd and Hwy 290 intersection. Close proximity to major highways & thoroughfares, with easy access to the key South corridors: S Lamar, S First & South Congress. Single-family residential live+work opportunity in a desirable location. Menchaca Road is planned for Enhanced MetroRapid route as part of Project Connect.