12.63 ACLand / Multifamily / Other$9,500,000Sale
Approximately 12.63 acres (net) with approximately 1,604 feet of frontage on Old Lockhart Rd (future Pleasant Valley). All utilities available through the City of Austin. No portion of the Property lies within the FEMA 100-year floodplain. Zoning: Planned Unit Development.
This tract is located within the winner of Austin's 2023 Master-Planned Community of the Year Award, Goodnight Austin, where there are approvals for 6,300 residential units and 700,000 sf of commercial space. A site plan for 165 BTR units is currently being processed. South Park Meadows is approx. 1.5 miles away at IH-35 and Slaughter Lane and offers full retail support services. Austin ISD’s Blazier Elementary educated approximately 900 students grades K-5 and is within the Goodnight Austin development in addition to Blazier Intermediate School. The developers of Goodnight Austin have created a Park District, which includes a 3 mile jogging trail throughout the development, and an Education Fund to benefit the residents. This site includes off-site detention and water quality. Site allows for 80% impervious cover and up to 36 units per acre.