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Property profile & analytics
OFF-MARKET
Commercial real estate

4409 Banister Ln Austin, TX 78745

0.24 ac lot
Property ID
US82-7382106
Property summary
AI-generated overview

This exceptional 0.24-acre lot, situated at 4409 Banister Ln in Austin, Texas, presents a unique opportunity for development. Zoned R-3, the property allows for up to three residential units (buyer to verify). Its prime South/Downtown Austin location offers unparalleled convenience, with proximity to the University of Texas, the city's vibrant downtown core, and Austin-Bergstrom International Airport. The lot's dimensions measure approximately 50 feet by 205 feet. To facilitate the building process, complete build plans for a dual residential structure are available from the seller, serving as a valuable resource and inspiration for potential projects. While some permits may require updating, a comprehensive planning report detailing city regulations, utility specifications, and permitting information is included for thorough due diligence. This rare find is one of the few remaining build-ready lots in the desirable South Manchaca area, making it an exceptional investment opportunity for discerning developers and builders seeking a prime location in a thriving Austin neighborhood. The asking price for this exceptional property is $619,000. Act quickly, as opportunities like this are seldom available.

Property profile
Verified
Property type Commercial real estate
Lot 0.24 ac (10,454 SF)
UPID US82-7382106
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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