UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Banister Heights
MLS Listing ID 9015255
Annual Tax Amount $11,269
Tax Year 2026
Lot Size 0.498 Acres
Acres 0.4978
Property Sub-Type Unimproved Land
Source actris
Property Description
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.
Location
State TX
County Travis
Area 6
Zoning LR-MU-CO per public reco
Interior
Fireplace N
Exterior
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View See Remarks
Building
Lot Description See Remarks
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Galindo
Middle Schools Lively
High Schools Travis
School District Austin Isd
Others
Restrictions See Remarks
Acceptable Financing Cash
Tax Rate 0.9252
Listing Terms Cash
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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