1317 Morgan Lane
Austin, TX 78704
$750,000
0.5 acres
Description
Approximately 0.49 acres of cleared, unimproved land in the Banister Heights neighborhood of 78704, one block north of Ben White Blvd with quick access to South First, South Lamar, and IH-35. Zoned LR-MU-CO per public records. LR is a commercial base district, the zoning category addressed by Texas Senate Bill 840, effective September 1, 2025, which establishes a by-right pathway for multifamily and mixed-use residential development on commercially zoned land. City of Austin implementation guidelines published for SB 840 sites reference density of up to 54 units per acre, a height standard of the greater of 45 feet or the height otherwise permitted on the site, no floor-to-area ratio cap, and administrative rather than discretionary review. Austin has no citywide off-street parking minimum. Achievable density and building envelope on this parcel will depend on Conditional Overlay terms, watershed classification, impervious cover, compatibility standards, and site design. No representation is made as to units achievable. Buyer to independently verify all zoning, entitlement, environmental, and site conditions with the City of Austin and its own professional advisors.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Galindo Elementary School | EE - 5 | Regular |
| Travis Early College School | 9 - 12 | Regular |
| Lively Middle School | 6 - 8 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.