Turn Key Property Group
1 / 34

320 William Cannon DR

Active

Austin, TX 78745

Compass RE Texas, LLC · MLS# 2479764 · Active

$2,250,000

Beds

0

Baths

0

Sq Ft

Acres

1.1189

Built

1987

Type

Mixed Use

About This Home

CS-MU-CO-NP zoned and ready for what's next. The CS base is one of Austin's broadest commercial designations, opening the door to an exceptional range of by-right uses -- restaurant and food service, retail, medical and professional office, personal services, financial services, food sales, and more. The Mixed Use overlay layers residential on top, allowing multifamily, condominium, townhouse, or mixed-use development on the same site. The property was previously permitted for restaurant use and retains an existing grease trap on site -- a head start for any food and beverage operator. Not in a flood zone, no creek buffer, no major environmental constraints, and the city has confirmed strong building coverage and FAR potential -- a clean path forward for a wide range of commercial or mixed-use visions. 4,800 SF freestanding on 1.12 acres with about 65 paved parking spaces and a lot-to-building ratio that gives a new owner real flexibility. Hard corner at a signalized intersection on W William Cannon Drive -- one of South Austin’s most heavily traveled corridors — the site benefits from exceptional frontage, strong daily traffic counts, easy ingress/egress, and visibility that is billboard-grade. Repurpose the existing improvements, expand the current footprint, or pursue a more substantial redevelopment play. Signalized corner sites with this level of zoning flexibility, parking, visibility, and land size rarely trade at this price point in South Austin. Contact listing agent today for questions and a private tour!

Interior

Flooring
Carpet, Laminate, Tile
Cooling
Central Air
Heating
Central

Exterior & Lot

Parking
On Site, Parking Lot, Paved
Condition
Resale

Location

320 William Cannon DR · Austin, TX 78745

Unlock MLS

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of July 22, 2026 at 11:01 PM CDT (date and time MLS GRID Data was obtained). 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.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Properties displayed may be listed or sold by various participants in the MLS. Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited. DMCA notice.

$2,250,000

320 William Cannon DR

Request a Tour