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Bobby Galvez

realtorbobbyg@gmail.com +1(512) 845-3764

$1,999,990

Est. payment - /mo

0.27 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Subdivision Conners Add

MLS Listing ID 5954889

Annual Tax Amount $40,840

Tax Year 2025

Lot Size 0.270 Acres

Acres 0.2703

Property Sub-Type See Remarks

Source actris

Property Description

For sale: a 11,776 SF (over 1/4 acre!) mixed-use development parcel (Lots 7 & 8, 92' frontage on E. 7th, 128' depth) at the corner of E. 7th and San Marcos Streets in East Austin, within the Plaza Saltillo TOD Station Area Plan, zoned as Corridor Mixed-Use Subdistrict. This designation is the least restrictive in the TOD and permits up to 60' building height, 45 living units/acre, with no minimum unit requirement, and diverse uses, potentially eligible for an Affordable Housing Density Bonus. Boasting a Walk Score of 96, this site offers unparalleled access to downtown Austin's vibrancy. Key landmarks include Sixth Street's nightlife (0.3 miles), Texas State Capitol (0.5 miles), Austin Convention Center (0.6 miles), Paramount Theatre (0.7 miles), Red River Cultural District (0.2 miles), Lady Bird Lake trails (0.8 miles), Congress Avenue Bridge (1.0 mile), University of Texas (1.2 miles), Bullock Museum (0.9 miles), and Driskill Hotel (0.7 miles). The Plaza Saltillo TOD, just 0.3 miles from the MetroRail station at E. 5th and Comal, promotes transit use, reducing car dependency, cutting household transport costs by $3,000-$4,000 annually, and lowering emissions. The 11-acre Plaza Saltillo hub celebrates East Austin's Hispanic heritage with public art, a Mexican-style plaza, retail, restaurants, offices, and 800+ apartments (18% affordable). Future enhancements include 1.4 acres of parks, extended bikeways to Lady Bird Lake, and sustainable stormwater systems, ensuring long-term economic and cultural vitality. An additional parcel may expand the site to 14,400 SF, making this a prime canvas for high-density residential and retail in Austin's thriving core.

Location

State TX

County Travis

Area 5

Zoning Plaza Saltillo TOD Stati

Interior

Fireplace N

Exterior

Utilities Available Above Ground, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

View City, City Lights, Downtown, Skyline

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Others

Restrictions See Remarks

Acceptable Financing Cash, Committed Money

Tax Rate 1.9818

Listing Terms Cash, Committed Money

Special Listing Condition Standard

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Listed by Compass RE Texas, LLC • Jeffrey Schnabel

NEARBY SCHOOL & BUSINESS

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Bobby Galvez

+1(512) 845-3764

Agent | License ID: 432499

Agent License ID: 432499

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917 & 919 E 7th ST Austin, TX 78702

Bobby Galvez

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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