300 Irma | Prime Austin Redevelopment Opportunity | A rare land play in one of Austin's most connected corridors — with income while you plan.
Nestled near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and a dense mix of restaurants and retail, 300 Irma sits at the intersection of location and timing. The property currently operates as a duplex, generating income while you map your next move. What makes this site exceptional is what Austin's HOME (Home Options for Middle-income Empowerment) Initiative now makes possible. Passed by City Council, the HOME amendment fundamentally reshapes development rights on single-family lots across Austin — and this lot qualifies. Key provisions that directly impact this opportunity:
Three units by-right — build up to 3 separate residences with no special use permit required; No minimum lot size per unit — the full lot is usable for your development program; Reduced setback and impervious cover restrictions — more buildable area, more flexibility in design; Applies city-wide — no variance or rezoning needed to exercise these rights. Whether your strategy is build-and-hold, build-and-sell, or land bank while the market matures, 300 Irma checks every box. Opportunities to acquire developable infill in Austin's urban core — already entitled for three residences — are increasingly hard to find.
Call for details. Buyer to verify all MLS information.
Features of 300 Irma Drive
MLS® #
3916969
Price
$429,900
Bathrooms
0.00
Acres
0.17
Type
Land / Farm
Sub-Type
Unimproved Land
Status
Active
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Austin
Address
300 Irma Drive
Area
2
Subdivision
Sherry Dale
City
Austin
County
Travis
State
TX
Zip Code
78752
Amenities of 300 Irma Drive
Utilities
Electricity Available, Natural Gas Available
Features
None
Interior of 300 Irma Drive
Fireplace
No
Exterior of 300 Irma Drive
Lot Description
Corner Lot
School Information
District
Austin ISD
Elementary
Reilly
Middle
Lamar (Austin ISD)
High
McCallum
Additional Information On 300 Irma Drive
Days on Market
168
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $449,900 to $429,900
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
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: Keller Williams Realty(512) 942-7880. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 22nd, 2026 at 10:16am 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.