1323 Delano Street, Austin, TX for sale

Investment Overview

Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1323 Delano St in Austin, Texas ("The Property"). Situated in the heart of East Austin, The Property benefits from one of the city's most dynamic and high-demand submarkets, where sustained residential and commercial growth has driven significant appreciation and continued developer interest. The offering includes approximately 2.92 acres of raw land with proposed access off of Delano St. The Property is zoned SF-6, which enables a high density for single-family and townhome builders. A yield study indicates the site supports approximately 37,000 buildable square feet distributed across 20 residential units with an average unit size of 1,785 SF.

Investment Highlights

• ±2.92 acres in prominent east Austin location
• Yield study indicates a 37,580 SF project
• Prime townhome development opportunity
• Located within 15 minutes of Mueller, The University of Texas, and Downtown Austin