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    911 Dittmar Rd Austin, TX 78745

    Sponsored
    For Sale
    $1,145,000

    64-acre lot, 20-unit potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 64.469-acre tract, located at 911 & 915 W Dittmar Rd in Austin, Texas (zip code 78745), presents a remarkable opportunity for residential development. Currently zoned MF-1, this property allows for the construction of up to 20 dwelling units, offering significant potential for a multi-family project. The land is ideally situated in South Austin, providing convenient access to major transportation arteries. It's just 2.5 miles from the vibrant Menchaca nightlife district, 3 miles from South Park Meadows shopping center, and within a reasonable commute to downtown Austin (7 miles) and Austin-Bergstrom International Airport (ABIA, 11 miles). The property boasts easy access to both Mopac and IH-35, ensuring excellent connectivity for residents. A preliminary layout for the development is available, providing a solid foundation for planning. Priced at $1,145,000, this 1.48-acre parcel represents a compelling investment in a rapidly growing area of Austin. The Travis County location and the potential for a substantial return on investment make this a truly unique opportunity. Don't miss out on this chance to build in a prime South Austin location.

    Property Features for 911 Dittmar Rd

    General Information

    Property type
    Land
    Lot Size
    2,808,269,640 SF

    HighLights

    • 64.469‑acre tract in Austin, TX (78745) zoned MF‑1, allowing up to 20 dwelling units.
    • South Austin location with easy access to Mopac and IH‑35, near Menchaca, South Park Meadows, and downtown Austin.
    • Preliminary development layout available.
    • Priced at $1,145,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.799898
    Latitude
    30.1853371

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    FAQs

    What type of property is this?
    Land - 64-acre lot, 20-unit potential
    Where is this land located?
    The property is located at 911 Dittmar Rd Austin, TX.
    What is the asking price?
    The asking price for this property is $1,145,000.
    What are key features of this property?
    This property features: 64.469-acre tract in Austin, TX (78745) zoned MF-1, allowing up to 20 dwelling units.; South Austin location with easy access to Mopac and IH-35, near Menchaca, South Park Meadows, and downtown Austin.; Preliminary development layout available.
    Request Owner's contact information
    911 Dittmar Rd Austin, TX 78745
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    Austin, TX 78745
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    911 Dittmar Rd Austin, TX 78745
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