Best Value and Investment Potential This exceptional 4.26-acre multi-parcel property at 7701 FM 969 in East Austin offers unparalleled development potential in one of the fastest-growing regions of Texas. Zoned GR-MU (Community Commercial/Mixed-Use), the lot presents an ideal opportunity for investors and developers seeking flexibility, prime location, and high returns. Whether you’re looking to create a multi-unit residential community, a bustling commercial hub, or a mixed-use development, this property provides the perfect foundation. Zoning and Development Flexibility The GR-MU zoning allows for a versatile mix of commercial and residential projects, making it one of the most sought-after designations for developers. With this zoning, you have the freedom to explore various configurations, including multi-family residential complexes, retail spaces, office buildings, or a combination that meets market demand. The property’s substantial size, combined with its zoning flexibility, makes it a rare gem in East Austin’s competitive real estate market. *Infrastructure and Off-Site Improvements One of the key strengths of this lot is the ready availability of essential utilities, minimizing development costs and time-to-market for your project. The site is equipped with city water, sewer connections (including an existing improvement structure and two additional permits for the remaining parcels), telephone, gas, and electricity. These existing utilities provide a significant advantage, ensuring that your project can move forward with fewer delays and reduced initial investments. The lot also features a curb cut on Nixon Lane, facilitating easy access for construction and future traffic flow. This access point, coupled with the property’s direct location along FM 969, enhances both convenience and visibility for future commercial ventures. Future-Proof Location and Accessibility Positioned along a key transportation corridor in East Austin, this property benefits from both current accessibility and planned infrastructure improvements. TxDOT’s upcoming expansion of MLK Blvd (FM 969) will further enhance connectivity, making the property even more attractive as the area continues to grow. The planned expansion is set to accommodate the increasing traffic flow in this high-growth corridor, boosting the property’s visibility and access. Additionally, the lot’s proximity to major highways like SH-130 and US-183 ensures smooth connections to the broader Austin metro area and beyond. Just minutes from Downtown Austin and the Austin-Bergstrom International Airport, this location offers the ideal balance of urban convenience and future growth potential. Strategic Position in a Booming Market East Austin has become synonymous with rapid development and increasing property values. The area is a hotspot for cultural vibrancy, tech-driven growth, and new housing developments. As more residents and businesses flock to the area, properties like this one stand out as prime investment opportunities. The lot is surrounded by ongoing commercial and residential projects, indicating strong market demand and long-term appreciation potential. Floodplain Considerations It is important to note that the property includes areas within both the FEMA 100-year and 500-year floodplain zones. However, these factors are manageable with proper planning and have been accounted for in the property’s valuation. The existing infrastructure and drainage improvements in the area, combined with appropriate development practices, allow for effective utilization of the site while adhering to safety standards. Why This Lot Offers the Best Value Versatile Zoning: GR-MU zoning accommodates both residential and commercial uses, offering multiple avenues for revenue generation. Ready-to-Develop Infrastructure: Utilities are already in place, reducing initial costs and allowing for faster project timelines. Strategic Location: Positioned in East Austin’s high-growth corridor with easy access to key highways, Downtown Austin, and Austin-Bergstrom International Airport. Future Accessibility: Planned TxDOT road expansions will enhance traffic flow and visibility, increasing the property’s long-term value. Investment Potential: Surrounded by rapid development and rising property values, this lot is poised for strong returns in Austin’s booming real estate market. Off-Site Improvements: Curb cut on Nixon Lane and existing utility connections streamline the development process. Final Thoughts Investing in this 4.26-acre lot at 7701 FM 969 offers a rare combination of location, flexibility, and infrastructure that positions it as a standout opportunity in Austin’s dynamic real estate market. Whether you aim to develop a vibrant mixed-use community or a profitable commercial venture, this property provides the essential features and market advantages that will drive your project’s success. Don’t miss out on securing a key piece of Austin’s future growth—schedule a consultation today to explore this high-potential development site.