8.37 Acre Redevelopment Tract in SE Austin

9004 Thaxton Rd Thaxton Road Austin, TX 78747

9004 Thaxton Rd Thaxton Road , Austin, TX, 78747
9004 Thaxton Rd Thaxton Road , Austin, TX, 78747 9004 Thaxton Rd Thaxton Road , Austin, TX, 78747
FOR SALE
Property Type:
Multifamily Land
Amount:
$2,552,180
Cap Rate:
0.00%
Last Verified:
Oct 14, 2024

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Located in South Austin and across from Easton Park, this approx. 8 acres is an ideal Multi-Family, Single-Family or Industrial development tract minutes to downtown Austin, Tesla Gigafactory and Austin Bergstrom International Airport. Approx. 250 feet of frontage on Thaxton Rd with no portion of the Property lying in the FEMA 100-year floodplain. Utilities: Water – Creedmoor Maha WSC, Wastewater- City of Austin – 8” and 18” lines nearby. Present improvements being serviced by an OSSF, and Electricity – Austin Energy. Property is located in the Austin ETJ and therefore not zoned.

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Map of 9004 Thaxton Rd Thaxton Road , Austin, TX, 78747

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • 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.