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    OFF-MARKET
    Land

    6525 Comanche Trl, Austin, TX 78732

    1.36 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.36 ac (59,242 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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