5549 McNeil Dr - Apartments FOR SALE


Austin, TX 78729- McNeil
$1,950,000 USD
512-417-2919
5549 McNeil Dr, Austin, TX for Sale
$1,950,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

5549 McNeil Dr
Austin, TX 78729
McNeil


HIGHLIGHTS

  • 5547 McNeil Drive presents a ±2.902-acre development site for 106 multifamily units.
  • Easy access to both Loop 1 (MoPac Expressway) and Highway 183.
  • Major area employers include Apple, Oracle, Cisco, eBay, and EA Sports.
  • Presented with a 30% price reduction, all offers are encouraged.

OVERVIEW

5547 McNeil Drive is an opportunity to acquire a ±2.902-acre development site in the City of Austin 2-mile ETJ with an approved site development plan for 106 multifamily units. The property is strategically located on McNeil Drive directly across the street from McNeil High School and only 0.75 miles from the intersection with Parmer Lane. Easy access to both Loop 1 (MoPac Expressway) and Highway 183 (Research Boulevard).

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$34 USD /SF

# OF UNITS

106

PRICE/UNIT

$18,396

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.82 AC

LAND SF

122,883 SF

ZONING

-

APN/PARCEL ID

271347

ASK ABOUT THIS PROPERTY

Michael LevyMathias PartnersMore Info
512-417-2919

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Michael LevyMathias PartnersMore Info
512-417-2919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.