Description
Approximately 0.49 acres of cleared, unimproved land in the Banister Heights neighborhood of 78704, one block north of Ben White Blvd with quick access to South First, South Lamar, and IH-35. Zoned LR-MU-CO per public records. LR is a commercial base district, the zoning category addressed by Texas Senate Bill 840, effective September 1, 2025, which establishes a by-right pathway for multifamily and mixed-use residential development on commercially zoned land. City of Austin implementation guidelines published for SB 840 sites reference density of up to 54 units per acre, a height standard of the greater of 45 feet or the height otherwise permitted on the site, no floor-to-area ratio cap, and administrative rather than discretionary review. Austin has no citywide off-street parking minimum. Achievable density and building envelope on this parcel will depend on Conditional Overlay terms, watershed classification, impervious cover, compatibility standards, and site design. No representation is made as to units achievable. Buyer to independently verify all zoning, entitlement, environmental, and site conditions with the City of Austin and its own professional advisors.
Details
| MLS # | 9015255 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | Realty One Group Prosper | Alex Navarro |
Features
| Zoning | LR-MU-CO per public reco |
|---|---|
| Acreage | 0.50 |
| Water Front | Yes |
| Property View | See Remarks |
Exterior
| Lot Features | See Remarks |
|---|
Utilities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 11269 |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Banister Heights |
| School District | Austin ISD |
| Elementary School | Galindo |
| High School | Travis |
| Listing VS Median (in Banister Heights) | |
Price: $765,000 low | high Med: $1,600 On site: 18 low | high Med: 106.5 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 29, 2026 at 2:21:34 PM PDT 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.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Banister Heights |
| School District | Austin ISD |
| Elementary School | Galindo |
| High School | Travis |
| Listing VS Median (in Banister Heights) | |
Price: $765,000 low | high Med: $1,600 On site: 18 low | high Med: 106.5 | |
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