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$800,000
2942677 MLS
One of the last unimproved SF-3 lots of this size along the Banister corridor. 4306 Banister Ln offers approximately 21,483 square feet of flat, cleared land with direct street frontage and no existing structure to demolish or work around. This property presents multiple potential paths to value. Under existing SF-3 development standards, the lot may support a two-lot subdivision. Recent City of Austin HOME amendments may provide additional flexibility for a three-lot configuration, and may also allow up to three residential units on an SF-zoned lot, subject to applicable code, access, utilities, and City approval. Buyer to independently verify all subdivision potential, permitted uses, deed restrictions, and development standards with the City of Austin Development Services Department prior to closing. The Banister corridor continues to experience strong infill and new construction activity, with multiple builders active nearby and recent land sales, active listings, and closings supporting continued developer interest in this submarket. The property is well-positioned for residential redevelopment in an area where demand remains strong for thoughtfully designed infill product. Conveniently located with quick access to US-290/Ben White, St. David’s South Austin Medical Center, South Congress, South Lamar, and Downtown Austin. Commercial adjacency to the west may provide a natural buffer that could benefit certain site plans and development configurations. All development scenarios are presented as potential opportunities only. Buyer to independently verify lot dimensions, zoning, subdivision feasibility, permitted uses, utility availability, development standards, deed restrictions, and all applicable City of Austin regulations, including HOME amendments.

4306 Banister Ln, Austin

Listing courtesy of Devora Realty. Contact: (512) 961-9084
$999,999
8642585 MLS
Rare half-acre lot in the heart of 78745 in one of Austin's most desirable and fastest-growing zip codes. Less than 15 minutes from downtown Austin, this property offers an incredible opportunity for investors, developers, and buyers looking to build or redevelop in a neighborhood that is in a high-growth corridor. With two brand-new condominium complexes currently under construction on either side of the property, the surrounding development speaks for itself. Half-acre lots this close to downtown Austin are becoming increasingly difficult to find, making this a truly unique window of opportunity in a market that continues to outperform. Easy access to major corridors, local dining, entertainment, and everything that makes South Austin one of the most livable and investable areas in the city. To request access to tour the land and exterior of the property, please submit your request through ShowingTime. If you would like access inside the home, you must text Listing Agent 2 directly for approval, as the home is currently occupied. Please do not disturb occupants

4411 Banister Ln, Austin

Listing courtesy of Compass RE Texas, LLC. Contact: (702) 205-9158