0 Twilight Gdn Austin, TX 78749
This exceptional 18.8-acre commercial land parcel presents a remarkable build-to-rent opportunity in Austin, Texas. Located in Travis County, zip code 78749, near the desirable Circle C North and Legend Oaks neighborhoods, this property boasts unparalleled access to Central Texas via the 71/290 corridor. Zoned SF-1-CO-NP, the site is ready for immediate development. Detailed site development plans are complete and ready for submission, streamlining the building process. The property is uniquely positioned to capitalize on the high demand for rental housing in the area. According to a recent city code amendment (Home Initiative), the site allows for the construction of 48 build-to-rent homes, with three homes permitted per lot (16 lots of 0.5+ acres each). All necessary off-site utilities are readily available, eliminating significant infrastructure hurdles. This turnkey project offers a substantial return on investment for developers seeking a prime location and a streamlined development path. The asking price for this exceptional opportunity is $4,900,000. Don't miss this chance to acquire a highly sought-after commercial land parcel in one of Austin's most desirable areas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.