4500 E 51st Street
Austin, TX 78723
1.46 acres | #7991676
Description
Unique mixed-use development parcel in an amazing East Central Austin location with very attractive demographics and demand for urban experiences by households in the immediate vicinity. The site is minutes to the famed Mueller mixed-use master-planned community and Dell’s Children Hospital, 10 minutes to The University of Texas, 15 minutes to Austin’s CBD as well as Dell’s Medical Center/ Red River District and 15 minutes to Austin Bergstrom International Airport. - 10,288 vehicles per day at E 51st and Springdale Rd - Population count over 55,000 within 2 miles - Household income average at $108,0000 annually - Average Age - 35 years old - Strong small office (or office condos) occupancy rates at 85%+ - Retail occupancy rates 90%+ - Previous Fully approved STP for almost 20,000SF office/community clinic - Preliminary studies indicate 18,000-20,000 square foot mixed-use office retail building is feasible • Dual Access to Springdale Rd and 51st Street • 1 mile to Mueller and Dell Children Hospital • 2 miles to University of Texas and UT Medical • 90% Allowable Impervious Coverage • 75% Allowable Building Coverage • Zoning GR-CO-NP • 60’ Allowed Building Height • 1:1 Floor-to-Area Ratio • Approximately 44 parking spaces • Over 20k households within 2 miles
Property Details
- Lot DescriptionCorner Lot, Level, Many Trees, Trees Medium Size
- Utility FeaturesNone, Sewer Not Available, Water Not Available
- High SchoolLyndon B Johnson (Austin ISD)
- SubdivisionSPRINGDALE COMMONS
- Property SubtypeUnimprovedLand
- Elementary SchoolPecan Springs
- School DistrictAustin ISD
- Original List Price$1,400,000
- Property TypePurchase
- MLS #7991676
- Cost1400000
- MLS #7991676
- Acres1.4556
- Middle SchoolGarcia
- CountyTravis
- Days on Market (Cumulative)7
Location
Legal
Based on information submitted to the MLS GRID as of 2025-02-12 19:14:39 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Tarek Morshed (#461306), Phone: (512) 368-8078
Listing Office: @ properties Christie's International (#704437)
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