Texas Residential Development Sites
Three Properties Minutes from UT Austin & Downtown Austin
Bid Deadline October 7
Multifamily Housing & Single-Family Home Opportunities
Hilco Real Estate is accepting bids until October 7 for three prime sites offered in this bankruptcy sale. Properties are available individually or in any combination.
Austin’s rapid population growth, driven by an influx of tech companies and a vibrant cultural scene, makes it an attractive area for development. These opportunities are located in the West Campus and Travis Heights neighborhoods, in which both benefit from easy access to major thoroughfares, providing excellent connectivity throughout the city, making it ideal for new housing developments that will support Austin’s continued expansion and appeal.
2513 & 2515 San Gabriel Street, Austin, TX
0.32± AC Student Housing Development Site
This site is currently vacant and clear of any improvements, this property is zoned MF-4-NP-UNO, Multifamily Residential – Moderate-High Density, making it ready for the construction of a 252-unit residential or student housing structure.
San Gabriel Street2103 Nueces Street, Austin, TX
0.19± AC Multifamily Development Site
This property is currently home to a two-story, 19-bedroom residential complex that is leased to a UT Austin fraternity. Situated on 0.19± acres, this site has MF-4 NP-UNO zoning to allow for redevelopment opportunities with the potential to construct a 390-unit multifamily building.
Nueces Street903 Edgecliff Terrace, Austin, TX
4,100± SF Single-Family Home
This single residential home sits on 0.26± AC. Built in 1920, there is potential to expand and modernize the current home to fit in with other newly redeveloped homes in the area or completely redevelop the property into a private, luxurious dream home.
Edgecliff TerraceBankruptcy Sale | Bid Deadline October 7
Residential Development Sites in Austin, TX
The sale of 2513 & 2515 San Gabriel Street & 2103 Nueces Street are being conducted by order of the U.S. Bankruptcy Court Western District of Texas (Austin) Case No. 23-10737-smr. The sale of 903 Edgecliff Terrace is being conducted by order of the U.S. Bankruptcy Court Western District (Austin) Case No. No. 23-10736-smr. Bids must be received on or before the bid deadline of October 7 at 5:00 p.m. (CT).
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