Goodnight Ranch | 12.63 AC MF

Highlights:

• 315+ Unit Multifamily Opportunity in Goodnight Ranch, Austin
• $19,900 Per Unit | Minimum Purchase Price $6,268,500
• ±12.63 Net Acres | PUD Zoning | 80% Impervious Cover
• All Utilities Available | Off-Site Detention & Water Quality
• ±1,604' Frontage on Future Pleasant Valley Road

Description:

McAllister & Associates is pleased to present Goodnight Ranch MFA4, a ±12.63-net-acre multifamily development opportunity in Southeast Austin, Texas. Located on Old Lockhart Road, approximately 700 feet south of East Slaughter Lane, the property offers a minimum 315-unit development opportunity at an attractive land basis of $19,900 per unit.

Located within the Goodnight Ranch master-planned community, the site benefits from PUD zoning, available utilities, off-site detention and water quality facilities, and an allowable 80% impervious cover. The property is outside the FEMA-designated floodplain and offers approximately 1,604 feet of frontage along Old Lockhart Road, the future Pleasant Valley Road corridor.

Goodnight Ranch is a growing mixed-use community featuring residential neighborhoods, schools, parks, and trails connecting to Onion Creek Metropolitan Park. Nearby services include The Ramble retail and office development, Amazing Explorers daycare, Austin Regional Clinic, and Southpark Meadows shopping center.

The property is approximately 1.7 miles from IH-35, providing regional connectivity to major Austin employment, retail, and transportation corridors.

Offering Price: $19,900 per unit, with a minimum of 315 units and a minimum purchase price of $6,268,500.

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