Cleared Commercial Land
New
For Sale
$765,000
1317 Morgan Ln, Austin, TX 78704
Unimproved site with LR-MU-CO zoning and access to South First, South Lamar, and IH-35.
Property SizeContact for details
Days on Market2
Property Features for 1317 Morgan Ln
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$11,269
Listing Agency:
(512) 788-2118
Listed By:
Alex Navarro
(512) 788-2118
Source:
Elliman
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 13 at 5:59AM
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 Alex Navarro
Investment Insights
Based on property information with market context.
This approximately 0.49-acre parcel consists of cleared, unimproved commercial land in Austin’s Banister Heights neighborhood. Public records identify the property as LR-MU-CO. The site is positioned one block north of Ben White Blvd, with access to South First, South Lamar, and IH-35.
Texas Senate Bill 840 takes effect September 1, 2025, and establishes a by-right pathway for multifamily and mixed-use residential development on commercially zoned land. City of Austin implementation guidance for SB 840 sites references density of up to 54 units per acre, a height standard of the greater of 45 feet or the height otherwise permitted, no floor-to-area ratio cap, and administrative review. Any development outcome remains subject to Conditional Overlay terms, watershed classification, impervious cover, compatibility standards, site design, and independent verification with the City of Austin and qualified advisors.
Texas Senate Bill 840 takes effect September 1, 2025, and establishes a by-right pathway for multifamily and mixed-use residential development on commercially zoned land. City of Austin implementation guidance for SB 840 sites references density of up to 54 units per acre, a height standard of the greater of 45 feet or the height otherwise permitted, no floor-to-area ratio cap, and administrative review. Any development outcome remains subject to Conditional Overlay terms, watershed classification, impervious cover, compatibility standards, site design, and independent verification with the City of Austin and qualified advisors.
Key Highlights
- Approximately 0.49 acres of cleared, unimproved commercial land
- LR‑MU‑CO zoning identified in public records
- One block north of Ben White Blvd
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 78704, TX
49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Unimproved site with LR-MU-CO zoning and access to South First, South Lamar, and IH-35.
Where is this commercial land located?
The property is located at 1317 Morgan Ln Austin, TX.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Approximately 0.49 acres of cleared, unimproved commercial land; LR‑MU‑CO zoning identified in public records; One block north of Ben White Blvd
