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East Austin Land Parcel Opportunity
For Sale
$495,000

2907 E Martin Luther King Jr Blvd # Austin TX 78702, Austin, TX 78702

2907 E Martin Luther King Jr Blvd, Austin TX 78702

Property Size39,204 SF
Lot Size0.90 Acres
Price / SF$12.63
Days on Market231

Property Features for 2907 E Martin Luther King Jr Blvd # Austin TX 78702

General Information

Standard status Active
Property type Commercial land, Land
Size 39,204 SF
Lot size 0.90 Acres
Listing Agency: Keller Williams Realty Austin
Listed By: Jeffrey · License #617990
Added: Jan 5 Changed: Apr 8

Investment Insights

Based on property information with market context.

Located at 2907 East Martin Luther King Jr. Boulevard in Austin, Texas, this vacant parcel spans nearly 0.90 acres. Situated in one of East Austin's dynamic growth corridors, the site is adjacent to the MLK light rail station, offering transit connectivity, as well as the Upper Boggy Creek Trail and St. David’s Foundation Community Garden. The property is surrounded by residential condominiums, multifamily communities, and restaurants within a district experiencing redevelopment and rising land values. The property's size and location make it a candidate for future development concepts, including multifamily, townhomes, or mixed-use projects, subject to city approvals. An adjacent tract fronting MLK Blvd may be available for purchase, subject to landowner verification, creating the opportunity to expand the assemblage and increase development scale. The property is positioned to capture the next wave of growth in Austin’s urban core.

Key Highlights

  • Prime East Austin location in one of the city’s most dynamic growth corridors surrounded by new multifamily, residential condominiums, and restaurants.
  • Adjacent to the MLK Light Rail Station, offering excellent transit connectivity to downtown Austin and major employment centers.
  • Near the Upper Boggy Creek Trail and St. David’s Foundation Community Garden, providing green‑space amenities that enhance livability and appeal.

Property Analytics

Current Use

St David's Foundation ... Botanical Garden

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Locksmith HVAC Service Butcher Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

979
Businesses Nearby

Demographics for 78702, TX

25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 2907 E Martin Luther King Jr Blvd, Austin TX 78702
Where is this commercial land located?
The property is located at 2907 E Martin Luther King Jr Blvd # Austin TX 78702 Austin, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Prime East Austin location in one of the city’s most dynamic growth corridors surrounded by new multifamily, residential condominiums, and restaurants.; Adjacent to the MLK Light Rail Station, offering excellent transit connectivity to downtown Austin and major employment centers.; Near the Upper Boggy Creek Trail and St. David’s Foundation Community Garden, providing green‑space amenities that enhance livability and appeal.
More about this property
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