The Powell Lane Lofts conceptual plan consists of approximately 5.6 acres, which can be developed into approximately 155 apartment units, plus three existing single family homes. This 5.6 tract of land located off of I-35 just north of Hwy 183, only minutes from downtown Austin and the University of Texas. The I-35 corridor has traditionally been a rapidly growing market. With the new state highway 130 intersecting Highway 290 less than 5 miles east of the subject property, plus the future completion of the new $4 billion Samsung chip manufacturing plant, the entire area is poised for an economic boom. The property has immediate access to the southbound frontage road of I35, within 1,000 feet of where I35 intersects with highway 183. The Austin Bergstrom International Airport is approximately 6 miles south of the subject property on highway 183. The site is located in the fast-growing city of Austin. The site is adjacent to several existing new construction residential projects. Has easy access to the Austin Bergstrom International Airport, the New Samsung Development just east, the new Highway 130, I-35, the new Round Rock Urban Outlet Mall and the University of Texas main campus. The site is a sizeable tract that is poised for development, as it is surrounded by existing residential development and utilities.
Tax Data (Show Tax Data)
Loading Tax Data
Other Land for Sale from
NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.