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2307 Leon St
Austin, TX 78705 West Campus Austin

$3,500,000 USD

Land For Sale  •  0.28 AC

Property Details

  • Property Type Land
  • Lot Size 0.28 AC
  • Zoning MF-4-CO-ETOD-DBETOD-NP
50 Transit Score
90 Walk Score

Description

Franklin Street is pleased to present 2307 Leon Street, a premier investment opportunity located in the heart of Austin’s highly sought-after West Campus submarket. Situated just steps from The University of Texas at Austin, the property offers investors and developers the rare opportunity to acquire a well positioned infill site in one of the city’s most dynamic and supply-constrained neighborhoods.

The property is zoned MF-4-CO-ETOD-DBETOD-NP, permitting moderate- to high-density residential development, including apartments, condominiums, and purpose-built student housing. As part of the City of Austin’s Equitable Transit-Oriented Development (ETOD) Density Bonus Overlay, the site may qualify for additional height and density through the City’s affordability bonus program, subject to City approval.

2307 Leon Street benefits from exceptional walkability, immediate access to The University of Texas, and proximity to Downtown Austin, major employment centers, retail, dining, and entertainment. Surrounded by continued redevelopment and sustained demand for student-oriented housing, the property represents a compelling opportunity to capitalize on one of Austin’s most resilient multifamily investment markets.

Highlights

±0.28 AC infill development site in one of Austin’s most supply constrained submarkets
Zoned MF-4-CO-ETOD-DBETOD-NP, permitting moderate- to high density multifamily, condominium, or purpose-built student housing development
Surrounded by West Campus’ premier retail, dining, entertainment, and everyday amenities
Opportunity to capitalize on West Campus’ premium rental rates and long-term barriers to entry
Just 0.7 miles (approximately a 12-minute walk) from The University of Texas at Austin

Public Transportation

Commuter RailDriveWalkDistance
Austin (Texas Eagle - Amtrak) 5 min - 1.9 mi
AirportDriveWalkDistance
Austin-Bergstrom International 26 min - 13.3 mi
Marshall Durrett 512-748-2420 Franklin Street
Marshall Durrett 512-748-2420 Franklin Street