2110 Thrasher Ln Austin, TX 78741-6618
This exceptional 2.4-acre commercial land parcel presents a prime opportunity for development in Austin, Texas's desirable Riverside area. Located at 2110 Thrasher Ln, Austin, TX 78741, this property boasts a pre-approved site plan for a 28-unit townhome community. Significant infrastructure is already in place, including main road access, site leveling, and detention facilities, significantly reducing development time and costs. The property is zoned SF-6 NP, allowing for townhouse and condominium construction, along with other flexible permitted uses. Its advantageous location near Riverside Drive (approximately 17,000 vehicles per day) provides convenient access to major thoroughfares like TX-Hwy 183, TX-130, and I-35, ensuring excellent connectivity to the greater Austin metro area. The site benefits from its designation as a Federal Opportunity Zone, offering potential tax advantages. Furthermore, the property's proximity to major employers such as Tesla and Oracle enhances its investment appeal. Owner financing and land banking options are available, providing flexibility for potential buyers. This is a truly exceptional opportunity to capitalize on Austin's thriving real estate market and build a highly sought-after residential community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.