The best remaining properties are the Hidden Gems! Prime location for Sale in West Austin on Capitol of Texas Highway. Approved for 110,000+ Sq Ft under previous height restrictions on 10+ acres. Zoned GR-CO and now multifamily available without rezoning after recent passage of SB840. See attached Zoning information and Conditional Overlay. Multiple uses possible: Multifamily, Restaurant, Hotel/Motel, Office Building, Private Schools, Community Recreation, Medical Offices, General Retail, Indoor or Outdoor Sports and Recreation, Hospital Services, Theater, Personal Services, Religious Assembly, and more. Convenient close-in location. Under SB840, new height limitations increase from 28 to 45 feet and possibly more, so likely greater square footage is achievable. Approved City of Austin Site Development Permit finalized for 110,000+ square feet of build-able space. If a different site plan is preferred by Buyer, it is far easier to amend an existing site plan than to start from scratch. Price negotiable. Buyer may pursue their preferred Architectural Design and Builder to fit the attractive, gently sloping site with stunning views of the valley and Bull Creek. TxDOT driveway cut permit approved. Prior settlement agreement with City of Austin waives most City of Austin development fees and grandfathers earlier development rules. The attached floor plan is for conceptual display purposes only. Two of the three owners are State of Texas licensed real estate brokers. Preferred Title Company: Capstone Title – Foskitt. Contact listing broker for site visit. See the link below for drone Footage of the site and proposed building placement.
Features of 6601 N Capital Of Texas Highway
MLS® #
3457018
Price
$7,900,000
Bathrooms
0.00
Acres
10.11
Year Built
2024
Type
Commercial
Sub-Type
Site Planned
Status
Active
Has Pool
No
Water Feature/View
View
Canyon,CreekStream,TreesWoods
Is Waterfront
No
Community Information: Austin
Address
6601 N Capital Of Texas Highway
Area
1A
Subdivision
Champion 360 Subd
City
Austin
County
Travis
State
TX
Zip Code
78731
Amenities of 6601 N Capital Of Texas Highway
Utilities
See Remarks
Parking
See Remarks
Interior of 6601 N Capital Of Texas Highway
Interior
See Remarks
Heating
Electric, See Remarks
Fireplace
No
Exterior of 6601 N Capital Of Texas Highway
Construction
See Remarks
Foundation
See Remarks
Additional Information On 6601 N Capital Of Texas Highway
Days on Market
693
Zoning
Gr-Co
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Increased from $6,900,000 to $7,900,000
Price Reduced from $7,900,000 to $6,900,000
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. Listing Data Provided By: Shelton Properties(512) 328-2500. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 13th, 2025 at 8:00pm 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.
