Sun Chase BTR/Condo Site

15401 Pearce Ln Austin, TX 78617

15401 Pearce Ln, Austin, TX, 78617
15401 Pearce Ln, Austin, TX, 78617
FOR SALE
Property Type:
Condominium Development
Amount:
$1,590,000
Cap Rate:
0.00%
Last Verified:
Sep 12, 2023

Approx. 4.458 acres located on the south side of Pearce Ln 3 miles east of TX130, 5 miles east of ABIA and 3 miles south of SH71. Zoned Planned Unit Development (PUD) with no portion of the Property in the 100-year floodplain. Utilities: Water and Wastewater- City of Austin, Electric – Bluebonnet Electric Coop, Gas – Texas Gas Services, and Telephone/Cable – AT&T. Located in a Texas Opportunity Zone. Site Development Permits from City of Austin (expires Jan 11, 2026) and Travis County (no expiration). Reduced to $1,590,000.00 ($30,000 per unit), and includes more than $13,000 per unit in pre-paid fees such as Impact and Parkland Dedication Fees.

Map of 15401 Pearce Ln, Austin, TX, 78617

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.