729 Airport, Austin, Texas

$3,500,000
Active
729 Airport, Austin, Texas
729 Airport, Austin, Texas
729 Airport, Austin, Texas
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Property Details

MLS ID: 8909488
Status: Active
Price: $3,500,000
Acres: 0.82±
Type: Industrial, Commercial
Address: 729 Airport
City, State: Austin, TX
County: Travis County
ZIP Code: 78702
Parcel Number: 02021702170000
Year Built: 1970

Description

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.

Directions: From E. 7th St. take a left on Levander Loop before the entry to the flyover to US 183 South across the River. Proceed on Levander Loop through the lighted intersection at Airport. Property is your first left off Levander Loop on South East Corner.

Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Capitol Ranch Real Estate, LLC
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© 2026 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of May 8, 2026 at 12:00:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By: Stefan Benteler of Compass Re Texas, Llc - (512) 487-9993