729 Airport Blvd, Austin, TX, 78702 - MLS# 8909488

$3,500,000

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Acres 0.82
Property Type Commercial
Heating Central
Parking Parking Lot
Year Built 1970
Cooling Central Air
Days on Market 315

About 729 Airport Blvd

2 properties (727 & 729 Airport Blvd). According to Austin's Guide to Zoning, CS-MU-CO-NP permits the following uses: up to 95% building coverage, 95% impervious cover, and a 2:1 Floor Area Ratio (FAR). This would mean that nearly the entire property can be developed with impervious surfaces, and the building itself can cover almost the entire lot, depending on any requirement for a detention pond. With a FAR of 2:1, the property may support a building totaling up to 71,650 square feet—twice the size of the lot area. Additionally, the zoning allows for a building height of up to 60 feet. With the property's Mixed-Use (MU) zoning, which allows for both commercial and residential development, combined with the generous allowances for impervious cover and Floor Area Ratio (FAR), the highest and best use could potentially be a "multi-family over commercial" design— similar to those being developed throughout the area, including just across 183. Incorporating underground parking would maximize the potential of the space, creating a ground-floor commercial area (ideal for retail, office, or other uses), while allowing for 3 to 4 stories of residential units (either condominiums or apartments) above. This approach not only optimizes the land use but also aligns with current development trends in the region. Zoning CS-MU-CO-NP: Administrative and medical offices Financial services and business schools Art gallery and workshop Auto rentals, repair, sales, and washing Building support services and maintenance Convenience storage (self storage) General retail Hotel and motel Indoor entertainment Restaurants, and Limited warehousing New Roofs were installed on all three buildings in August 2025 All information provided is deemed reliable but not guaranteed.

Location

Legal Description LOT 1 WALKER SUBD
Address 729 Airport Blvd
County Travis
City Austin
Zip Code 78702
Subdivision Walker
MLS Area 5

Size and Restrictions

Acres 0.82
Lot Description Level
Horses Allowed No
$/Acre $4,268,293

Improvements

Parking Parking Lot

Features

View City

Utilities

Water Public
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Beds and Baths

Primary on Main No

Heating and Cooling

Heating Central
Air Conditioning Central Air

Interior Features

Flooring Concrete
Disability None

Building Information

Year Built 1970
Construction Metal Siding
Foundation Slab

Garage and Parking

Garage No
Parking Parking Lot

Financial

$/Acre $4,268,293
Special Conditions SeeRemarks
Documents Available Survey
Disclosures None

Property Taxes

Appraisal District Travis
Tax ID 02021702170000
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 575-3644

Listing Map

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