6525 Comanche Trl, Austin, TX 78732
This exceptional 1.36-acre site in Austin, Texas (Travis County, zip code 78732, located at 6525 Comanche Trail) is fully approved for a 32-unit condominium development. All utilities are in place and ready to connect, eliminating significant development hurdles. Detailed building plans are complete and available for immediate use, allowing for a streamlined construction process. The property boasts breathtaking hill country views and enjoys a prime location within walking distance of the popular Oasis Restaurant. This area is characterized by high median incomes and luxury homes, with average home prices exceeding $1 million within a one-mile radius, ensuring strong market demand and potential for high returns. The permitted zoning ensures a straightforward path to development, minimizing risk and maximizing efficiency. This presents a rare opportunity to capitalize on the thriving Austin real estate market by delivering a high-quality condominium project in a highly desirable and affluent neighborhood. Prospective buyers are encouraged to conduct their own due diligence. Asking price is $2,760,000.
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
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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.