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Crystal Olenbush

  • 1221 S Interstate 35 Freeway

  • $1,850,000
  • 0.35 Acres Commercial Sale Austin, TX 78741

The property consist of three tax parcels (lots). 200 ft. frontage on the service road on the lower level and being approximately 16,200 sq. ft. of level surface with 1188 sq. ft. that can be renovated or torn down for new development. Upper portion of property that is above the green retaining wall accessed by Lupine street above. Those lots are total of 13,661 sq. ft. by survey. The upper lots are zoned SF-3 and the lower level zoned Commercial/LR. Buyer can redevelop the property and build a 3-5 story mixed use building with outstanding views of downtown city skyline. Tract is served by all utilities. Electricity, water, wastewater, telephone, natural gas and internet and cable. See aerial views from drone shots made of area. The view cannot be blocked in the future from any developments since no properties exist for development between this site and downtown. City owns only lot at NW corner at Riverside Dr. and IH 35 they converted it to dog park so will never be developed. It is the only site that could block the view from this subject property to city. Total Sq. footage of site on both levels is 28,865 sq. feet.

Essential Information

  • MLS® #6940715
  • Price$1,850,000
  • Bathrooms0.00
  • Acres0.35
  • Year Built1964
  • TypeCommercial Sale
  • Sub-TypeOther
  • StatusActive

Community Information

  • Address1221 S Interstate 35 Freeway
  • SubdivisionParkinson Lela
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78741


  • FeaturesSidewalks
  • ViewCity Lights, City


Cable Available, Electricity Connected, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Connected, See Remarks, Water Connected


Asphalt, Concrete, Direct Access, Gated, See Remarks


  • HeatingNone
  • CoolingNone


  • ConstructionSee Remarks
  • FoundationSlab

Additional Information

  • Zoningproperty is zoned commerc

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Property Listed by: Austin Premium Property

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 25th, 2024 at 5:31am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.