Premier 2± AC Multifamily Development Site

5916 N Lamar Blvd, Austin, TX 78752

  • For Sale Subject To Offer
  • Property Type VacantLand
  • Property Size 3,026 SF
  • Lot Size 2.05 Acre
  • Year Built 1972
  • Date Updated Jan 29, 2024
Austin ranks as the 10th largest city in the United States and is experiencing unprecedented growth. For people looking to enjoy the dynamic growth but want a more relaxed atmosphere at home, Midtown is the epitome of relaxed urban living. Nestled in the heart of the city limits, it offers the perfect balance between a tranquil suburban atmosphere and easy access to Austin’s vibrant downtown scene. With tree-lined streets, excellent schools and charming homes, it’s a haven for those seeking an excellent quality of life. Plus, its proximity to local parks, trendy coffee shops and diverse dining options make it an ideal place for those who value a close-knit community with all the perks of city life.Bid Deadline: December 15 Just five miles north of downtown Austin, three and a half miles north of the University of Texas at Austin and mere blocks from Austin Community College Highland campus, this premier 2± acre development site is located in an area of high growth within the Midtown Austin submarket. The site is fully entitled with its site plan and building permits and will boast seven stories of multifamily units situated above ground floor commercial space. Adjacent to Austin-based burger stand, P. Terry’s, and directly across the street from the Texas Department of Public Safety, this property benefits from high visibility along the heavily traveled Lamar Boulevard. Not only does the development site have excellent access to major area thoroughfares, including I-35, MoPac Expressway and more, it will also have convenient access to Austin’s approved future light rail project. Future residents will benefit from intermodal transit connecting them to the greater Austin area. Also Available for Sale: 1129-1135 Gunter Street, Austin, TX 3.4± AC Mixed-Use Development Site Hilco Real Estate, LLC in cooperation with Broker Paul A. Lynn & Assoc., LLC TREC #9000489, Paul A. Lynn, TX Broker, Lic. #0244902.

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Attachments

Highlights

  • Potential for 326-unit multifamily building
  • Fully entitled - site plan & building permits
  • Ideal for affordable housing development within Austin’s Midtown submarket
  • High visibility & easy access along N. Lamar (25,000 VPD)
  • Convenient access to all major roadways
  • Just 3.5 miles north of University of Texas at Austin campus

Contacts

broker

Steve Madura

Hilco Real Estate

(847) 504-2478

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Austin, TX
  • Neighborhood Brentwood
  • Zip Code 78752
  • Market Austin

Points of Interest

  • Highland

    0.54 miles

  • Crestview

    0.76 miles

  • MLK Jr.

    3.51 miles

  • Kramer

    4.47 miles

  • Downtown

    4.48 miles

  • Austin

    4.50 miles

  • Plaza Saltillo

    4.59 miles

  • Zilker Zephyr

    5.19 miles

  • Howard

    7.84 miles

  • Shell

    0.21 miles

  • Texaco

    0.24 miles

  • Shell

    0.24 miles

  • Major Brand Gas

    0.28 miles

  • Shell

    0.40 miles

  • Phillips 66

    0.55 miles

  • Shell

    0.60 miles

  • 7-Eleven

    0.74 miles

  • 7-Eleven

    0.82 miles

  • ChargePoint

    0.82 miles

  • Winters North Parking

    0.82 miles

  • Highland Campus South Garage

    0.85 miles

  • Winters East Parking

    0.91 miles

  • Winters Service Delivery Parking

    0.96 miles

  • North Lamar Park & Ride

    1.65 miles

  • Northwest Park East Lot

    1.66 miles

  • Northwest Park North Lot

    1.71 miles

  • Northwest Park South Lot

    1.73 miles

  • Northwest Park West Lot

    1.74 miles

  • Gables Central Park

    1.86 miles

  • Texan Motel

    0.51 miles

  • Texan Motel 2

    0.51 miles

  • Mehl's Motel

    0.53 miles

  • Mehl's Motel 2

    0.54 miles

  • Holiday Inn Austin Midtown

    0.93 miles

  • Habitat Suites

    0.94 miles

  • Americas Best Value Inn

    1.10 miles

  • Best Western Plus Austin Central

    1.14 miles

  • La Quinta Inn Austin University Area

    1.18 miles

  • Motel 6 Austin

    1.21 miles

  • P. Terry's

    0.02 miles

  • Whataburger

    0.19 miles

  • Donut Taco Palace 3

    0.20 miles

  • Dan's Hamburgers

    0.28 miles

  • KFC/Long John Silver's

    0.29 miles

  • Chekos

    0.37 miles

  • Dart Bowl Cafe

    0.37 miles

  • McDonald's

    0.39 miles

  • Titaya's Thai Cuisine

    0.39 miles

  • Stiles Switch BBQ

    0.46 miles

  • McCallum High School

    0.28 miles

  • Reilly Elementary School

    0.34 miles

  • ACC Highland

    0.69 miles

  • Brentwood Elementary School

    0.88 miles

  • Capitol School of Austin

    0.90 miles

  • St. Francis School

    0.93 miles

  • St. Francis School

    0.94 miles

  • BriteLites Acting Studio

    0.98 miles

  • The Brown School

    0.99 miles

  • Webb Middle School

    1.09 miles

  • Grace Garden Child Development Center

    1.05 miles

  • Sammy's House

    1.28 miles

  • Primrose School

    2.28 miles

  • Casis Elementary

    2.92 miles

  • University United Methodist Church Early Childhood Center

    2.94 miles

  • Little Munchkins Learning Center

    4.02 miles

  • Ebenezer Baptist Church Child Development Center

    4.15 miles

  • Bright Horizons Family Center at Braker Lane

    4.25 miles

  • Triumphant Love Lutheran Child Development Center

    4.94 miles

  • The Children's Courtyard of Austin

    4.95 miles

Frequently Asked Questions

What is the total square footage of Premier 2± AC Multifamily Development Site?

Premier 2± AC Multifamily Development Site totals 3,026 square feet.

When was this property built?

Premier 2± AC Multifamily Development Site was built in 1972.

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Contact Listing Broker

broker

Steve Madura

Hilco Real Estate

(847) 504-2478