— bed, — bath on 0.82 acres in East Austin. Austin, TX 78702. $3,500,000.
About This Home
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.
729 Airport Blvd puts 0.82 acres and a listed 8,400 square feet on the market for $3.50 million in East Austin, giving buyers a rare Commercial Sale - Industrial opportunity on one of East Austin’s most active redevelopment corridors. In East Austin, 729 Airport Blvd sits in Austin, Texas 78702, Travis County, with quick connections to Airport Boulevard, East Martin Luther King Jr Boulevard, Springdale Road, and US 183.
For buyers who underwrite by the numbers, the current asking price works out to about $416.67 per square foot based on the listed building area, and the site itself measures roughly 35,719 square feet. The existing improvements date to 1970, and the listing notes new roofs on all three buildings in August 2025. With 92 days on market, this is the kind of asset that invites a disciplined look at both current utility and future land value.
The zoning is the main story. CS-MU-CO-NP allows a broad commercial use mix that can include office, retail, restaurant, hotel, entertainment, auto-related uses, and limited warehousing. The mixed-use component matters in this part of Austin, where buyers are increasingly focused on sites that can support more than a single-purpose industrial play. Based on the stated zoning framework, the property may allow high site coverage, high impervious cover, a 2:1 floor area ratio, and building heights up to 60 feet, subject to city review, engineering, and detention requirements. On a site this size, that creates a meaningful redevelopment conversation.
From an access standpoint, the location is strong. Downtown Austin is roughly 10 minutes away in typical traffic, Mueller is about 10 minutes north, and Austin-Bergstrom International Airport is usually around 15 minutes southeast via US 183. That puts 729 Airport Blvd close to major employment centers, airport logistics, and the East Austin consumer base without losing the practical road access industrial users still need.
School district and school rating data are not listed for this property, which is typical for a commercial industrial offering. What is clear is the address, the zoning flexibility, the East Austin location, and the land economics. For an owner-user, investor, or developer, 729 Airport Blvd in East Austin offers a hard-to-find combination of current utility, corridor visibility, and long-term upside as this stretch of Austin keeps adding density and value.
The numbers behind this insight
- Offered at
- $3,500,000
- Listed
- October 8, 2025
East Austin market
- Homes sold
- 718
- Median sale price
- $597,250
- Median price per sq ft
- $393
- Median days on market
- 40
- Homes for sale now
- 275
- Months of supply
- 4.6
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $732 per sq ft over the trailing 12 months (178 sales), as of November 4, 2026.
East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas.
East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail.
Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million.
East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter.
The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options.
East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas.
East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.
School District: Austin ISD
View East Austin neighborhood guide- Property Type
- Commercial Sale
- Year Built
- 1970
- Lot Size
- 0.82 acres
Listing information last updated August 13, 2026.
Listed by Compass RE Texas, LLC
MLS# 8909488 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Metal Siding
- Slab
- Lot Size
- 0.82 Acres
- Parking Lot
Financial
- Original List Price
- $3,500,000
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 729 Airport BLVD, whoever represented it.
- ActiveListed 2025Current price: $3,500,000Original list: $3,500,000MLS 8909488
- WithdrawnListed date not recordedCurrent price: $300,000Original list: $300,000MLS 3894319
- WithdrawnListed date not recordedAsking rent: $3,000/moOriginal asking rent: $3,000/moMLS 2646837
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
- $3,500,000
- Original list
- $3,500,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 8, 2025 · 392 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,200,000
- Assessment Year
- 2025
- Year Built
- 1970
- Parcel ID
- 000000696890
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+140.0% | — | $1,200,000 | $1,112,616 | $87,384 |
2024+19.9% | — | $500,000 | $823,000 | — |
2023+0.0% | — | $416,889 | $500,000 | — |
2022+9.9% | — | $416,889 | $166,892 | $249,997 |
2021 | — | $379,229 | $166,892 | $249,997 |
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.
Illustrative down payment
20% ($700K)
Adjustable assumption - not a lending recommendation.
Home price
$3,500,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$3,500,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+486.0%
$597.3K · East Austin neighborhood guide · reference price
Days on market
392 days
Original to current
No verified reduction
$3.5M original
Active inventory context
275 listings
Price Position in East Austin
Listed 486% above the East Austin neighborhood guide reference price. East Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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