




$3,500,000
729 Airport Blvd, Austin, TX, 78702
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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.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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