Austin Land Development
For Sale
$370,000
12001 N Commonwealth Way, Austin, TX 78759
Land with revised development regulations in Austin, Texas.
Property SizeContact for details
Lot Size0.30 Acres
Days on Market254
Property Features for 12001 N Commonwealth Way
General Information
Standard status
Active
Lot size
0.30 Acres
Property subtype
Land
Listing Agency:
(512) 799-7355
Listed By:
Marty Kaye
(512) 799-7355
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jul 16 at 10:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marty Kaye
Investment Insights
Based on property information with market context.
The City of Austin has revised its land development regulations, impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has reduced the minimum lot size required for residential construction. For multi-family developments, the minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots. If considering developing a multi-family lot, consulting the city's updated guidelines or scheduling an appointment with the city's planning department is advised to ensure compliance with the new rules. The property is located at 12001 N Commonwealth Way, Austin, TX 78759.
Key Highlights
- Reduced minimum lot size: Build multi‑family developments on lots as small as 2,500 sq ft.
- New HOME Phase 2 amendments: Build multiple units on smaller lots.
- Revised land development regulations: Benefit from the City of Austin's updated regulations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,372
Businesses Nearby
Explore this area
Business Placement
Demographics for 78759, TX
42,333
Population
23,843
Households
1.8
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$102,799
Median Household Income
$67,807
Median Earnings
$1,680
Median Rent
$634,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - Land with revised development regulations in Austin, Texas.
Where is this land located?
The property is located at 12001 N Commonwealth Way Austin, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Reduced minimum lot size: Build multi‑family developments on lots as small as 2,500 sq ft.; New HOME Phase 2 amendments: Build multiple units on smaller lots.; Revised land development regulations: Benefit from the City of Austin's updated regulations.
