Austin Land with Development
For Sale
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1300 Norwalk Ln, Austin, TX
0.6 acre lot zoned MF-3 with dual street frontage.
Property SizeContact for details
Lot Size0.60 Acres
Days on Market298
Property Features for 1300 Norwalk Ln
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
LAND
Listing Agency:
Muskin Elam Multifamily Brokerage Group
(512) 343-2700
Listed By:
Daniel Elam · License #0718525
Source:
Moodyscre
Added: Oct 15, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:52AM
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 Muskin Elam Multifamily Brokerage Group
Investment Insights
Based on property information with market context.
This 0.6-acre lot, zoned MF-3, presents a development opportunity with dual street frontage. The zoning allows for nearly 20,000 square feet of construction. Preliminary drawings suggest the possibility of constructing 12 condominiums, each approximately 1,600 square feet, featuring two-car garages and private roof terraces. The location benefits from high rental demand, supported by its proximity to top-rated Austin ISD schools and major employers such as Seton Healthcare, Dell Technologies, and Google’s Austin campus. Recent sales of neighboring 1,500 square foot condos range from $750,000 to over $1,000,000. The average sale price of a single-family home within a one-mile radius of the property is $1,900,000.
Key Highlights
- High rental demand due to proximity to top‑rated Austin ISD schools and major employers.
- MF‑3 zoning allows for nearly 20,000 sq ft of construction on a 0.6‑acre lot.
- Dual street frontage.
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Frequently Asked Questions
What type of property is this?
Land - 0.6 acre lot zoned MF-3 with dual street frontage.
Where is this land located?
The property is located at 1300 Norwalk Ln Austin, TX.
What are key features of this property?
This property features: High rental demand due to proximity to top‑rated Austin ISD schools and major employers.; MF‑3 zoning allows for nearly 20,000 sq ft of construction on a 0.6‑acre lot.; Dual street frontage.
