1135 Gunter St Austin, TX 78702-3169

This 3.39-acre vacant lot in Austin, Texas (78702), located at 1135 Gunter St, presents a remarkable redevelopment opportunity. Situated in the heart of East Austin, this property is near full entitlement for a mixed-use development, potentially encompassing approximately 325 residential units above ground-floor commercial space. The site boasts high visibility and convenient access along Airport Boulevard (Loop 111), a major thoroughfare with a high volume of daily traffic (27,900 vehicles). Its prime location places it within close proximity to other recently completed and ongoing multifamily, office, and retail developments, solidifying its position in a rapidly expanding and highly desirable submarket. The CS-MU-V-CO-NP zoning designation supports the planned development. East Austin's vibrant atmosphere, characterized by its blend of historic charm and modern revitalization, attracts a large population of young professionals, contributing to a strong demographic profile. This location is approximately two and a half miles east of downtown Austin and one and a half miles east of I-35, offering easy access to major transportation arteries. The area is known for its eclectic culture, thriving culinary scene, and lively entertainment options, making it an attractive destination for residents and businesses alike. This property offers investors a chance to participate in the continued growth and transformation of this dynamic Austin neighborhood.