911 Dittmar Rd Austin, TX 78745
This exceptional 64.469-acre tract, located at 911 & 915 W Dittmar Rd in Austin, Texas (zip code 78745), presents a remarkable opportunity for residential development. Currently zoned MF-1, this property allows for the construction of up to 20 dwelling units, offering significant potential for a multi-family project. The land is ideally situated in South Austin, providing convenient access to major transportation arteries. It's just 2.5 miles from the vibrant Menchaca nightlife district, 3 miles from South Park Meadows shopping center, and within a reasonable commute to downtown Austin (7 miles) and Austin-Bergstrom International Airport (ABIA, 11 miles). The property boasts easy access to both Mopac and IH-35, ensuring excellent connectivity for residents. A preliminary layout for the development is available, providing a solid foundation for planning. Priced at $1,145,000, this 1.48-acre parcel represents a compelling investment in a rapidly growing area of Austin. The Travis County location and the potential for a substantial return on investment make this a truly unique opportunity. Don't miss out on this chance to build in a prime South Austin location.
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.