Kirkland — Sale in Austin, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Austin, TX 78724

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Description

This 14.28-acre prime property offers a strong investment opportunity near major infrastructure and high-traffic areas. Located in a Qualified Census Tract, it qualifies for Low-Income Housing Tax Credits. Its proximity to the new Tesla Gigafactory and Toll 130, which sees over 55,000 vehicles daily, ensures excellent visibility and accessibility. Nearby landmarks like the Samsung Austin Semiconductor Facility and Austin-Bergstrom International Airport position the site within a growing economic hub, fostering opportunities in various sectors. The 2.23-acre parcels are approved for a 24,000-square-foot retail building, ideal given the area's expanding population and high traffic. The Austin East submarket's logistics focus supports strong rent growth, averaging 5% annually, with typical triple net lease rates around $13 per square foot. The 7.2-acre land parcels are fully permitted for six 10,000-square-foot warehouses and only need county approval. They feature efficient wastewater management, easy access to Toll 130, and engineered civil plans that enhance development flexibility. This 14.28-acre prime property, situated near major infrastructure and high-traffic areas, presents a compelling investment opportunity. Located in a Qualified Census Tract, it qualifies for Low-Income Housing Tax Credits. Its proximity to the new Tesla Giga Factory signals strong future growth, while its closeness to Toll 130, with over 55,000 vehicles passing daily, provides great visibility and accessibility. Additionally, nearby landmarks such as the Samsung Austin Semiconductor Facility, Austin-Bergstrom International Airport, and the Amazon Distribution Center strategically position the site within a fast-growing economic hub, creating opportunities across business, transportation, distribution, multifamily, retail, and more. 2.23-acre parcels are ideal for retail development and are approved by the city for a 24,000-square-foot building. Situated in an expanding area with a short

Market Context

This multifamily in Austin, TX is listed for sale. Compare it against other multifamily listings for sale in Austin, TX — view the full market.

As of Q1 2026, the Austin multifamily market showed rents up 14.2% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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