1600 Montopolis Dr, Austin, TX 78741

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$650,000
Status
ACTIVE
MLS#
8559526
Price Change
▼ $42,000 1789760045
Days on Market
255
Lot Size
12,767
Area
Austin - Southeast

Property Description

Prime Riverside Development Opportunity – GR Zoning | SB-840 Eligible | 5 Stories Allowed Exceptional development opportunity near the rapidly evolving Riverside Drive corridor. This GR-zoned corner lot, currently eligible under SB-840, allows for a streamlined residential up to 5 stories permitted under existing code , with no residential setbacks and no neighborhood plan restrictions with 4 units that could be developed by right and. The site also offers flexibility for commercial or mixed-use development, giving builders and investors multiple exit strategies. Two adjacent attached residential parcels provide an expanded footprint and may be candidates for rezoning(separate listings), creating the potential for a larger, higher-density project. Ability to purchase additional parcels Situated within one of Austin’s most transformative growth corridors, the property is surrounded by major developments such as Oracle’s corporate campus approximately 1.7 miles away and multiple high-density mixed use projects reshaping East Riverside. The site sits near the proposed Montopolis ETOD (Equitable Transit-Oriented Development) area and the future Project Connect Montopolis train station, positioning this property for long term appreciation as transit oriented redevelopment accelerates. Featuring excellent visibility, strong traffic counts, and immediate access to major arterials, this location is ideally suited for forward-thinking residential or mixed-use development. A rare opportunity to secure a flexible, high-growth infill site in the path of massive redevelopment. Broker/Owner

Additional Information

Tax Year
2025
Year Built
1800
Parking Spaces
10
Construction
Other
Region
Austin - Southeast
Sewer
Public Sewer
Street Name
Montopolis Dr
Street Number
1600
Neighborhood
Culp
Water
Public
Acres
0.29
County
Travis
Floor
See Remarks
Heating
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Joshua Brunsmann from 3rd Angle Realty LLC. Contact: (512) 573-8804

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.