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    1400 Robert Browning St Austin, TX 78723

    Sponsored
    For Sale
    Contact for pricing

    Prime 0.2 acre Austin development land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    Exceptional investment opportunity awaits in Austin, Texas, with this 0.204-acre commercial land parcel located at 1400 Robert Browning Street, zip code 78723. This fully entitled site boasts approved plans and a building permit for an 18-unit luxury condo development, presenting a ready-to-build project in a high-demand location. The property is zoned PUD (Mueller Town Center 1 - TC-1) and features a design for a "Liner Building" condo structure, seamlessly integrated with an existing shared parking garage via a master condo declaration. The site plan includes 5 stories (approximately 57 feet) of stacked townhomes, promising a landmark addition to the vibrant Mueller neighborhood. Its strategic location places it adjacent to the thriving Mueller Town Center and the Dell Children's Medical Complex, ensuring high occupancy rates and strong rental potential. This is a turnkey opportunity for developers seeking immediate construction commencement in one of Austin's most desirable areas. The site's proximity to major amenities and its approved plans minimize development hurdles, making this a compelling investment for those seeking a swift return on investment. The property offers a unique blend of urban convenience and upscale living, perfectly positioned to capitalize on Austin's robust real estate market. This is a rare chance to acquire a fully permitted development site in a prime Austin location.

    Property Features for 1400 Robert Browning St

    General Information

    Property type
    Land
    Lot Size
    8,886 SF

    HighLights

    • 0.204‑acre commercial land parcel in Austin, TX.
    • PUD zoning in the Mueller Town Center.
    • Approved site plan for an 18‑unit luxury condo building.
    • Building permit already secured.
    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 Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.70779
    Latitude
    30.3009778

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    FAQs

    What type of property is this?
    Land - Prime 0.2 acre Austin development land
    Where is this land located?
    The property is located at 1400 Robert Browning St Austin, TX.
    What are key features of this property?
    This property features: 0.204-acre commercial land parcel in Austin, TX.; PUD zoning in the Mueller Town Center.; Approved site plan for an 18-unit luxury condo building.
    Request Owner's contact information
    1400 Robert Browning St Austin, TX 78723
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    Austin, TX 78723
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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
    1400 Robert Browning St Austin, TX 78723
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