A rare opportunity to acquire nearly 2 acres of commercially zoned, unimproved land in Austin, Texas — sitting at the highly visible intersection of West US Highway 290 and Boston Lane, near the coveted US 290 / MOPAC Expressway (Loop 1) interchange. This 1.998-acre parcel carries CS (General Commercial Services) zoning and now stands as one of the most compelling land acquisition opportunities in the Austin market, supercharged by the transformative power of Texas Senate Bill 840, signed into law in June 2025 and effective September 1, 2025.

With no improvements to demolish or reposition, this is a clean, shovel-ready canvas for the savvy developer, investor, or end-user looking to capitalize on Austin's high-growth southwest corridor.

Property Highlights

Size & Configuration Nearly 2 acres (1.998 acres) of unimproved land — a meaningful assemblage in an infill Austin market where large, contiguous commercially zoned parcels along major corridors are increasingly scarce.

Legal Description ABS 2 SUR 17 Anderson T ACR 1.998 — Travis County, Texas

Zoning: CS-CO-NPP / CS-NP (General Commercial Services) The CS zoning designation is among Austin's broadest commercial classifications, permitting a wide range of retail, office, restaurant, service, and commercial uses. Critically, CS zoning is a qualifying commercial district under Texas SB 840.

No Improvements / Clean Title Opportunity With no existing structures, there are no demolition costs, no deferred maintenance, no legacy tenant issues — just raw, entitled land ready for your vision.

The SB 840 Advantage — A Game-Changer for This Property

This parcel is a direct beneficiary of Texas Senate Bill 840, signed by Governor Greg Abbott on June 20, 2025, and effective September 1, 2025. SB 840 is widely regarded as one of the most significant zoning reform laws in Texas history, and it substantially expands the development potential of this CS-zoned property.

At its core, SB 840 allows multifamily housing to be developed "by right" in areas currently zoned for commercial, office, warehouse, retail, or mixed-use — without the need for rezoning, variances, or public hearings. For this parcel, that means:

Multifamily residential is now permitted by right on this CS-zoned site, bypassing the historically time-consuming and uncertain Austin rezoning process

Under SB 840, multifamily and mixed-use residential developments in commercial zones can, by right, reach a height of the greater of 45 feet or the height that applies to commercial uses for the site, reach a density of up to 54 units per acre, include setbacks of the lesser of 25 feet or what applies to commercial uses, and develop with unlimited floor-to-area ratio (FAR)

Administrative approval pathway — the law limits municipal discretion with respect to discretionary zoning and land-use approvals, and instead establishes an administrative approval pathway for qualifying multifamily and mixed-use residential projects in eligible nonresidential districts

The bill opens existing and undeveloped sites for multifamily development, clears regulations that may require zoning district reclassification or amendments, exceptions, or variances, and eases the ability to develop multifamily on commercially zoned land

At approximately 2 acres, a developer could theoretically pursue a by-right multifamily project of up to ~108 units at 54 units per acre — an extraordinary entitlement uplift on CS-zoned land without a single public hearing.

Important Note: Bidders should independently verify SB 840 applicability to this specific parcel with qualified legal and planning counsel, particularly with respect to the NPP (Neighborhood Plan Precinct) and NP (Neighborhood Plan) overlays in the current zoning, and any proximity exclusions under the statute. Private covenants, overlay districts, and recorded deed restrictions remain enforceable under SB 840.

Location Advantages

US 290 / MOPAC (Loop 1) Interchange — Prime Austin Connectivity Positioned at the nexus of two of Austin's most critical transportation arteries, this parcel offers exceptional visibility and access. The US 290 / MOPAC interchange is a major gateway connecting Southwest Austin, Oak Hill, the Domain corridor, and Downtown Austin, with daily traffic counts in the tens of thousands.

High-Traffic Frontage Corridor West US 290 (also known as the Southwest Parkway and William Cannon Drive in this corridor) is a primary commercial spine of Southwest Austin, lined with established retail, dining, services, and residential density — providing immediate rooftop support for any commercial or mixed-use development.

Southwest Austin's Growth Path This area sits within one of Austin's most active growth quadrants, benefiting from proximity to major employment hubs including the Oak Hill/SW Austin medical corridor, the Southwest Parkway retail district, and quick access to Downtown Austin and the South Congress corridor.

Austin-Bergstrom International Airport Austin-Bergstrom International Airport is approximately 15–20 minutes via US 290 East, a significant advantage for hospitality, extended-stay, or mixed-use development concepts targeting business travelers.

Established Infrastructure The surrounding area features mature retail infrastructure, established utilities, and robust municipal services — reducing the soft-cost burden typically associated with raw greenfield development.

Property is offered as-is. All information derived from Travis Central Appraisal District public records. Bidders are strongly encouraged to conduct independent due diligence including title review, survey, zoning confirmation, SB 840 applicability analysis, and site inspection prior to placing bids.

Tranzon Asset Advisors of Texas, LLC, # 9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809

10% Buyers Premium based on the high bid and other terms apply.

Online bidding ends June 11th at 1:00pm ET

Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com