5718 Martin Luther King Jr Austin TX 78721

$3,375,000

Property Description

PRICE REDUCED almost 15% for fast flexible closing. Well located between the new Tesla Gigafactory and Downtown Austin, along high traffic corridors, just minutes from Austin-Bergstrom International Airport, Excellent visibility from US 183 South intersection. See attached Recorded Easement from contiguous Lot 3 (5710 E MLK-4.413 acres). 211 feet MLK frontage, center turn lane, high traffic counts. Inside US 183 "loop" within Austin's Urban Core, growing vertical mixed use condo and apartment demand, strong single family sales. Booming East Office market, properties southeast of subject along 183 S have City of Austin approval for towers up to 275ft & 400ft high with minimum of 120 feet. Minutes to popular Mueller development with HEB Grocery, Walnut Creek Trail, University of Texas, downtown, Metrorail station, near upcoming Greenline and existing Redline.

Property Details

  • Price: $3,375,000
  • Acres: 1
  • MLS #: 4653830
  • County: Travis
  • City: Austin
  • State: TX
  • Zip: 78721
  • Status: Active
  • Type: Land

Property Map / Directions

183 to MLK

More Properties