— bed, — bath on 3.16 acres in Austin. Austin, TX 78752. $3,800,000. Austin ISD.
About This Home
Shovel-ready townhome development opportunity in Central Austin. The property is fully entitled and horizontally developed for 39 townhome units within the Legacy at St John condominium regime. The original project consists of 55 total units, with 16 units already sold, leaving 39 remaining buildable sites included in this offering along with the common area parcel.
The site is zoned SF-3 (Family Residence District) under the City of Austin Land Development Code and is ideally suited for for-sale townhomes or build-to-rent development. Horizontal infrastructure has been completed, providing a rare opportunity for a builder or developer to move directly into vertical construction.
Located in the rapidly redeveloping St. Johns / North Central Austin submarket, the property offers convenient access to IH-35, US-183, and Downtown Austin, with proximity to major employment centers, retail, and transit corridors. The surrounding area continues to experience significant residential growth and infill redevelopment, supporting strong demand for new townhome product.
Sale includes the remaining 39 condominium unit parcels and associated common area within the Legacy at St John condominium project. Development documentation and additional due diligence materials available upon request.
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At $3.80 million, 1300 McKie Dr stands out for one reason that is hard to find in Central Austin: 3.156 acres that are already entitled and horizontally developed for 39 townhome sites. In Austin, this Austin, TX 78752 land offering gives a builder a direct path to vertical construction inside the Legacy at St John condominium regime, with the remaining 39 buildable unit parcels and common area included.
This is a land - multiple lots (adjacent) opportunity in Travis County, and the timing matters. The property came to market with 1 day on market, which reflects how little fully prepared infill land is left in this part of North Central Austin. The original development plan called for 55 total units, and 16 have already sold, leaving this portion of the project positioned for the next phase. For a buyer focused on execution speed, that existing horizontal work changes the equation. The site is described as shovel-ready, which is rare in a corridor where entitlement, utilities, and site prep often consume the most time and capital.
The location works because it connects quickly to the routes that drive daily life in Austin. 1300 McKie Dr sits near IH-35 and US-183, which gives straightforward access to Downtown Austin, major employment centers, and the broader North Austin growth corridor. That also places the site near established transit and retail routes that continue to support redevelopment in the St. Johns area. This part of the city has been steadily reshaped by infill housing, and townhome product fits the demand for buyers and renters who want a more central address without moving far into the urban core.
For families tracking school options, the property is in Austin ISD with Winn Elementary, Webb Middle School, and Northeast Early College High School assigned. That school alignment gives clear entity value for search and location context, especially for buyers comparing central redevelopment sites by attendance zone. Because the listed record does not include beds, baths, square footage, or year built, the value here is not tied to an existing structure. It is tied to land position, development status, and the scarcity of buildable inventory this close to Downtown Austin.
In practical terms, 1300 McKie Dr offers a cleaner development runway than most central Austin sites, with scale, access, and existing project structure already in place. For the right builder or investor, that sets up both near-term momentum and long-term value in one of Austin’s most active redevelopment pockets.
The numbers behind this insight
- Offered at
- $3,800,000
- Listed
- March 5, 2026
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
- Property Type
- Land
- Lot Size
- 3.16 acres
Listing information last updated April 21, 2026.
Listed by Teifke Real Estate
MLS# 5197070 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Private Entrance
- Restricted Access
- City Lot
- Cleared
- Cul-De-Sac
- Curbs
- Level
- Subdivided
- Lot Size
- 3.16 Acres
Financial
- Original List Price
- $3,800,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 1300 McKie Dr, whoever represented it.
- ActiveListed 2026Current price: $3,800,000Original list: $3,800,000MLS 5197070
- Listed · March 5, 2026$3,800,000
- WithdrawnListed 2024Current price: $4,000,000Original list: $4,000,000MLS 9917993
- ExpiredListed 2023Current price: $9,800,000Original list: $9,800,000MLS 2414290
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
- $3,800,000
- Original list
- $3,800,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 5, 2026 · 224 days
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Zoned Schools
Northeast Early College
Webb
Winn
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. 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% ($760K)
Adjustable assumption - not a lending recommendation.
$3,800,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$3,800,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
224 days
Original to current
No verified reduction
$3.8M 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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