Description

Jones Lang LaSalle (“JLL”) has been exclusively retained by KIPP Texas Public Schools to offer potential buyers or investors the opportunity to purchase KIPP 969 (the “Property” or “Site”), a ±89.92-acre development Site that is currently improved with 27 buildings utilized as a charter school including school facilities, a regional office, and other school related uses on the east side of Austin, Texas. Located along the FM 969 corridor at 8509 FM 969, between Decker Lane and FM 973, this Site is in an area undergoing rapid gentrification and development. The Site is just north of the “Dog’s Head,” a soon-to-be redeveloped 2,500–3,000-acre tract that a prominent Austin developer is master planning and has recently been annexed into the City of Austin. Nearby major roads, including FM 969, Highway 183, Toll Road 130, FM 973, Decker Lane, and Loyola Lane, provide easy access to the eastern portion of Austin’s core. Surrounded by culturally vibrant and rapidly redeveloping neighborhoods, this Property presents a unique opportunity to tap into the burgeoning demand for mixed-use, residential, and retail development in the immediate area.

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Attributes

Land area

±89.92 AC

Zoning

SF-3, LR-CO, GR-CO, GO-CO

Improvements

27 buildings; ~310,700 SF (main parcel) + ~42,156 SF (secondary parcel). Includes school buildings, regional office (Bldg 513), Center for Child Protection (Bldg 2)

Media

Investment Highlights

Scale & Rarity of Infill Land Offering

The Site’s ±89.92 acres represent a highly scarce, large-scale tract within East Austin’s rapidly expanding growth corridor.

Covered Land Play with Potential Income and Utility

The existing KIPP school improvements provide a stable interim use, enabling investors to effectively land bank the asset while pursuing entitlements, rezoning, or long-term redevelopment strategies.

Strategic Location in Expanding Development Corridor

Positioned directly within the path of East Austin’s growth, the Site benefits from regional expansion driven by major economic catalysts including Tesla, Samsung, the ongoing expansion of Austin-Bergstrom International Airport (AUS/ABIA), and SH 130.

Compelling Redevelopment Potential

The Site’s large, contiguous acreage facilitates efficient master planning, optimized density, and the ability to deliver a diverse mix of residential product types alongside complementary commercial uses to meet growing market demand.

Strong Market Fundamentals & Exit Optionality

Robust population growth, increasing housing demand, and continued employer expansion in East Austin are fueling sustained investor and developer interest.