2408 S 3rd St, Austin, TX for sale

Investment Overview

Sayers Real Estate Advisors is pleased to present 2408 S 3rd Street, a rare 0.97 acre infill development opportunity in the heart of Austin’s highly coveted 78704 zip code. Located less than a mile from both South Congress Ave and South Lamar Blvd, and just minutes from downtown, the Property offers exceptional access to some of Austin’s most vibrant retail, dining, and entertainment corridors. Walkability is a key feature, with close proximity to neighborhood restaurants and the new HEB on South Congress. Zoned MF-2, the site can support up to 22 residential units. An approved site development permit for 18 units conveys with the Property, offering meaningful time and cost savings for a future developer. With its prime location, flexible zoning, and existing entitlements, 2408 S 3rd Street is well positioned for redevelopment in one of Austin’s most desirable residential neighborhoods.

Investment Highlights

• 0.97 AC infill development opportunity
• Situated in the epicenter of the highly sought-after 78704 zip code
• Located less than one mile from both S Congress Ave and S Lamar Blvd
• Site can support up to 22 residential units