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29307421
29307422

1300 Mckie Dr, Austin, TX 78752

TRE Teifke Real Estate
Listed by TRE Teifke Real Estate
$3,800,000
135 days on market
Updated 94 days ago

Legacy at St. John Townhome Development

Details
APN Bulk sale of 39 platted paper lots within the Legacy at St. John Condominium subdivision. Individual APNs available upon request.
Property Type Land
Sub Type Residential
Acreage 3.156
Zoning MF-3-NP
Ownership Karnes County National Bank

39 Entitled Townhome Paper Lots | Bank-Owned

Marketing description

Legacy at St. John is a shovel-ready, bank-owned townhome development opportunity consisting of 39 platted paper lots located in the St. Johns neighborhood of North Austin.

The project is fully entitled for immediate vertical construction, with recorded plats, site development approvals, and civil infrastructure already in place. Roads, curbs, sidewalks, utilities, drainage, and water-quality improvements have been constructed, allowing a buyer to mobilize without restarting entitlement or site work. Approved architectural and structural plans are available to convey, providing a clear path to near-term construction.

The offering represents the undeveloped portion of a 55 unit townhome community - the 16 nearly-completed townhomes are not included. The lots are positioned to support efficient, phased execution for a build-to-sell or build-to-rent townhome strategy.

Legacy at St. John benefits from strong infill fundamentals, proximity to major employment centers, and direct access to regional transportation corridors. The St. Johns submarket continues to experience sustained demand driven by limited new-build supply, improving neighborhood amenities, and its central Austin location.

The property is being offered as a bulk sale. Seller is open to reviewing creative transaction structures that provide a clear path to execution and value realization. Individual APNs are available upon request.

Investment highlights

• 39 platted paper lots within an entitled townhome development in North Austin
• Bank-owned, shovel-ready opportunity with a clear path to execution
• Recorded plats and site development approvals in place
• Civil infrastructure completed, including roads, curbs, sidewalks, utilities, drainage, and water-quality improvements
• Approved architectural and structural plans available to convey
• Located within an established townhome community (HOA in place - owner of the 39 lots will control it)
• Infill North Austin location with limited competing new-build supply
• Suitable for for-sale townhome or build-to-rent execution
• Bulk sale offering; individual APNs available upon request
• Strong access to regional transportation corridors and major employment centers

Listing Contacts

TRE Teifke Real Estate
Listed by TRE Teifke Real Estate

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Additional Information

Name
Elizabeth Hamerlinck
License
837126
Brokerage
Teifke Real Estate
Brokerage Phone
(281) 917-9607
Title
Investment Agent
Brokerage Address
409 East Austin Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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