SE Austin BTR Site near COTA
69 Acre BTR in SE Austin
Marketing description
Prime build-to-rent development site in rapidly growing SE Austin, positioned along Circuit of the Americas Blvd near to the COTA entertainment district. Full utility service (Austin Energy; City of Austin water/wastewater) is in place. Austin ETJ status eliminates base zoning constraints, offering flexibility for unit mix and site configuration. Approximately 43.98 acres are reportedly outside the 100-yr. floodplain; independent FEMA/survey review recommended. Seller to construct Cirque Blvd and convey a platted lot. Nearby, Hines’ Mirador master-planned community (1,400 acres) is planned for 2,500 single-family lots plus multifamily/townhome and commercial components reinforcing major near-term rooftop and services growth in this SE Austin corridor.
Investment highlights
Size: ±69.06 acres (±43.98 acres outside the FEMA 100-year floodplain)
Concept density: 450+ units (pads outside FEMA; floodplain suited for detention/trails/open space)
Jurisdiction: Austin ETJ (no base zoning/overlays)
Utilities: Austin Energy; City of Austin water & wastewater
Access: on Circuit of the Americas Blvd; seller to construct Cirque Blvd and convey a platted lot
Asking price: $9,675,000 (basis: $21,500/unit at 450 units)
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