2505 Fm 1327, Austin, TX 78747
This exceptional 41.85-acre tract presents a unique opportunity for multifamily development. Strategically located in Austin, Travis County, Texas (zip code 78747), at 2505 FM1327, this property boasts convenient access to major transportation arteries. Situated just 2.5 miles from the I-35 and FM1327 intersection, it's also within a 13-mile radius of Austin-Bergstrom International Airport, and 6 miles from Buda. While approximately one-fourth of the land lies within the floodplain, the entire parcel benefits from access to Austin city utilities and currently holds an agricultural exemption. Zoned ETJ, this southern half of a larger property (Travis County Parcel ID 352545) maintains independent access to FM1327. The property's proximity to Tesla (18 miles) further enhances its investment appeal. This is a prime location for an apartment complex or similar multifamily development, offering significant potential for growth and return. Only 41.85 acres are available for sale. The APN is 352545.
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.