Financials & Investor ROI
Fund Austin® Team purchased this 102-acre site from Tramwell Crow for $4.1M. TxDOT purchased 49 acres for $9M and the other campus sites were divided, entitled and sold to Brookfield for $5M. Through our vision and great entitlement/value added work the site was sold for a total of $14M—providing great returns for partners and investors.
Purchased, entitled and developed by Fund Austin® Team
Construction is underway on TxDOT’s new $300M headquarters in SE Austin—land purchased and developed by Fund Austin® Team. The facility is expected to be completed in February 2022 and will be home to about 2,000 agency employees.
Bringing jobs to SE Austin
The site of TxDOT’s new headquarters is a 49-acre tract along East Stassney Lane just south of the intersection with Burleson Road. The transportation agency paid $8.9 million for the property in 2017. It is now appraised at $9.6 million, according to the Travis Central Appraisal District.
