Rare Development Opportunity in Austin's Transforming East Riverside Corridor. Two adjacent cleared lots are being sold together, offering approximately 10,934 square feet of development potential just minutes from Downtown Austin. Public water, sewer, electricity, and natural gas are available, saving valuable time and site preparation costs. The current lot configuration allows for approximately 5,500 square feet of total buildable area. Buyers looking to maximize value may have the opportunity to replat the two parcels into a single lot, increasing build potential to approximately 6,000 square feet (buyer to verify with the City of Austin), creating an exceptional highest-and-best-use opportunity. The East Riverside Corridor is one of Austin's fastest-growing redevelopment markets, with more than $2.1 billion in projected private investment through 2028, highlighted by the transformative $4 billion River Park mixed-use development. The property is also located near the planned Project Connect East Riverside Light Rail, providing future connectivity to Downtown Austin, with a planned airport extension identified as a future priority. Ideal for builders, developers, and investors seeking redevelopment potential in a premier location with convenient access to Downtown Austin, Lady Bird Lake, South Congress, East Austin, Oracle, Tesla, Austin-Bergstrom International Airport, restaurants, shopping, and entertainment. Both parcels must be purchased together. Buyer to verify all development potential with the City of Austin.

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Listed by Matthew Layman of Douglas Elliman Real Estate ((512) 771-0754)

Listings courtesy of Unlock MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 29, 2026 5:13 AM 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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