4605 Boston Lane

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4605 Boston Lane

Austin, TX 78735
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development site located at 4605 Boston Lane in Austin
  • Commercial land asset positioned for multifamily development
  • Property development potential supported by SB 840 regulations
  • Located within the expanding 78735 submarket of Texas
  • Strategic site coordinates at 30.2388, -97.8318

What's Special

This commercial land parcel at 4605 Boston Lane in Austin presents a strategic multifamily development opportunity under SB 840. Situated within the 78735 zip code, the property benefits from its position in a high-growth region characterized by consistent corporate migration and a robust demand for residential inventory. The site offers developers significant potential for creating density in a submarket that continues to attract professional talent and capital investment. Proximity to major transportation corridors and established retail centers supports the feasibility of residential or mixed-use integration on this acreage. Local economic drivers in Austin, driven by the presence of major technology firms and a expanding population base, underpin the long-term value proposition for residential expansion in this sector. This asset provides a platform for executing high-density projects tailored to current market requirements.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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