— bed, — bath on 1.32 acres in Austin. Austin, TX 78748. $1,390,000.
About This Home
1.32 acres of South Austin land sitting directly on a corridor undergoing one of the most active commercial transformations in all of Austin. With location in the ETJ and no zoning, the property provides optionality few corridor-facing sites can match, including medical, hospitality, retail, multifamily, etc. Capture the upside as the Menchaca Entertainment District continues its rapid evolution into what the market is already calling a “nature-centric Rainey Street South” and Austin's next great mixed-use destination, built around heritage trees, local Texas operators, and the low-density, rustic South Austin character that Rainey itself left behind years ago. The district is anchored by Rush (a 7-acre pickleball and nature preserve under development), Armadillo Den, Bouldin Acres South, Bolt Social, and a growing roster of food, retail, and multifamily concepts, with more than 900 residential units recently delivered or under construction inside the immediate corridor. Demand is already on the ground. Corridor-facing land at this scale is not. No City of Austin zoning means no rezoning friction and no entitlement lottery. Because access is taken from a state road, that pathway can eliminate impervious cover caps altogether, which translates to roughly half the cost and half the timeline of a comparable zoned COA site across the street. The lot is mostly level and flexible enough to support phased development, a ground-up flagship concept, an income-producing hold, or a long-term density play. Site tours, the feasibility report, survey, and full marketing package are available on request.
This 1.32-acre property at 10230 Menchaca Road sits at the epicenter of South Austin's most dynamic commercial transformation, where serious real estate investors are positioning themselves for significant upside capture. The land is mostly level and unzoned within the extraterritorial jurisdiction, offering the flexibility that development-ready sites rarely provide in Travis County. The feasibility study is already in hand, removing a major hurdle in the evaluation process.
The Menchaca Entertainment District has moved from speculative concept to active development reality. Rush, the pickle ball and dining venue, is nearing completion and will anchor foot traffic on the corridor. Armadillo Den and Bouldin Acres (South) are establishing the mixed-use precedent that attracts complementary food, retail, and multifamily operators. This concentration of capital and programming is reshaping the 78748 zip code's commercial profile and making Menchaca Road a destination rather than a pass-through corridor.
What makes this property compelling for different buyer profiles is its optionality. A private investor seeking a long-term South Austin income hold has a development-ready asset that will appreciate as zoning decisions and surrounding projects mature. An operator ready to build a flagship concept has the acreage and the district momentum to support a signature venue. A developer targeting density has positioned themselves on a corridor where the city is already watching and capital is already flowing.
The location advantage extends beyond the immediate district. The site sits on a major arterial with traffic counts climbing as the surrounding neighborhoods continue growing. Proximity to established South Austin communities like Bouldin Creek and Parker Lane means both residential customer bases and workforce accessibility. The level topography minimizes site development complexity compared to the typical Hill Country or South Austin terrain.
This is the kind of asset where timing and location align. The Menchaca Entertainment District is in the early innings of its transformation, but the infrastructure investment and operator commitments are already visible. Properties with this combination of clear feasibility, district momentum, and flexible zoning rarely stay on the market long in Austin's current commercial real estate environment. The question for serious buyers is not whether Menchaca will continue its evolution, but whether they position themselves to benefit from it.
The numbers behind this insight
- Offered at
- $1,390,000
- Listed
- April 1, 2026
- Price changes
- Reduced, down 7.3% from $1,500,000
- Property Type
- Commercial Sale
- Year Built
- 1965
- Lot Size
- 1.32 acres
Listing information last updated August 31, 2026.
Listed by Christies Intl Real Estate Lone Star
MLS# 8397658 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Carpet
- Tile
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Slab
- Lot Size
- 1.32 Acres
Financial
- Original List Price
- $1,500,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 10230 Menchaca RD, whoever represented it.
- ActiveListed 2026Current price: $1,390,000Original list: $1,500,000MLS 8397658
- Listed · April 1, 2026$1,500,000
- Price changed · August 31, 2026$1,390,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,390,000
- Original list
- $1,500,000
- Price movement
- $110K reduction
- Listed / DOM
- Apr 1, 2026 · 200 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $569,447
- Assessment Year
- 2025
- Year Built
- 1965
- Parcel ID
- 000000347037
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-37.2% | — | $569,447 | — | — |
2024+5.1% | — | $906,119 | $159,555 | $479,846 |
2023+102.4% | — | $861,929 | $287,496 | $618,623 |
2022-2.0% | — | $425,915 | $287,496 | $574,433 |
2021 | — | $434,696 | $287,496 | $138,419 |
Virtual Tour

District Schools Nearby
Lasa High School
Bowie High School
McCallum High School
Garza Independence High School
Austin High School
Anderson High School
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($278K)
Adjustable assumption - not a lending recommendation.
$1,390,000
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Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,390,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
200 days
Original to current
$110K reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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