4900 E. Howard Lane
±51 acre development parcel within an Opportunity Zone
Marketing description
Avison Young is pleased to present the opportunity to acquire ±51.033 acres located at 4900 E. Howard Lane in Austin, TX. Situated within Austin’s 2-mile ETJ and designated as an Opportunity Zone, the Property offers significant flexibility for retail commercial, multifamily, single family, build-to-rent residential, flex industrial, mixed-use development. The front ±12.5 acre parcel (“Phase 1”) is fully platted with an approved SER for water and wastewater service, providing a clear path toward near-term development.
Potential development scenarios include 171 townhome units or 300 garden-style multifamily units, highlighting the site’s strong residential development potential. With multiple approved access points and strong surrounding growth, the Property represents a compelling investment and development opportunity in one of Austin’s most active growth corridors.
Investment highlights
- ±51.033 Acres in Austin’s High-Growth Eastern Corridor
- Located Within Austin’s 2-Mile ETJ & Designated Opportunity Zone
- Unzoned Property with No Future Land Use Designation
- Flexible Development Potential for Commercial, Multifamily, BTR, Flex Industrial, Mixed-Use, or Single-Family Uses
- Utilities Approved for Near-Term Development
- Strong Residential & Commercial Growth Surrounding the Property
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