5549 Mcneil Dr Austin, TX 78729
An opportunity to acquire a ±2.902-acre development site in the City of Austin 2-mile ETJ with an approved site development plan for 106 multifamily units. The property is strategically located on McNeil Drive directly across the street from McNeil High School and only 0.75 miles from the intersection with Parmer Lane. Easy access to both Loop 1 (MoPac Expressway) and Highway 183 (Research Boulevard). Major area employers include Apple, Oracle, Cisco, ebay, and EA Sports.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.