1601 Royal Crest Dr Austin, TX 78741

Building Details

Units

562

Listing Office m***@rimarketplace.com Show Phone

Listed by Ri Show Phone

Added: May 18 Checked: May 18 at 3:27 pm

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Investment Insights

Based on property information with market context.

Key Highlights

• ±20.52‑acre infill redevelopment opportunity within Austin's East Riverside Corridor, currently improved with the 562‑unit Mia Riverside multifamily community
• Prime urban location minutes from Downtown Austin, Oracle Campus, Lady Bird Lake, Austin‑Bergstrom International Airport, and major employment hubs
• One of the last large‑scale redevelopment tracts in a supply‑constrained corridor, offering significant frontage and exceptional scale with high barriers to entry for future competitors

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FAQs

What type of property is this?

Multifamily property - REO Sale: 20.52 Acre Austin Redevelopment Site

Where is this multifamily property located?

The property is located at 1601 Royal Crest Dr Austin, TX.

What is the asking price?

The asking price for this property is $9,500,000.

What are key features of this property?

This property features: ±20.52‑acre infill redevelopment opportunity within Austin's East Riverside Corridor, currently improved with the 562‑unit Mia Riverside multifamily community; Prime urban location minutes from Downtown Austin, Oracle Campus, Lady Bird Lake, Austin‑Bergstrom International Airport, and major employment hubs; One of the last large‑scale redevelopment tracts in a supply‑constrained corridor, offering significant frontage and exceptional scale with high barriers to entry for future competitors