12th & Sabine_Property for Sale
12th & Sabine_Property for Sale

12th & Sabine

708 East 12th Street, Austin, TX, 78701, US

Description

Jones Lang LaSalle Capital Markets ("JLL") has been exclusively retained to market 12th and Sabine (the "Property" or "Site"), a ±1.0-acre CBD-zoned parcel with a ±52,102 SF office building in Downtown Austin. Situated at 708 East 12th Street at the northwest corner of 12th and IH-35, the Property offers 8:1 by-right FAR with 25:1 bonus density — among the most favorable entitlement profiles in the urban core. Steps from the Dell Medical School, Dell Seton Medical Center, and the Waterloo Greenway and direct adjacency to a 2-acre park being delivered as part of the IH-35 cap-and-stitch project — now under construction — and existing conceptual plans for a 528-unit, 39-story residential tower, the Property presents a rare, shovel-ready development opportunity at the intersection of Austin's most significant infrastructure investments.

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Attributes

Building area net
4,840 m²
Year built
2005
Land area gross
0.4 ha
Parking spaces
86
Zoning
CBD
Parcel
197047
Height Limit
Unlimited

Media

Investment Highlights

  1. Innovation District location
  2. Adjacent to Waterloo Park and planned 2-acre IH 35 cap
  3. No Capitol View Corridor restrictions/unlimited Height
  4. Plans for 39 Floor Tower with 528 Units
  5. Existing 52,102 square feet of office with 86 parking spaces
12th & Sabine 4_Property for Sale
12th & Sabine 4_Property for Sale

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12th & Sabine (0 Properties)

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Last updated
19 Feb 2026