Page 21 - Legacy Communities Portfolio - Crescent

SHELBY LANE
Austin, TX
SHOWCASE PROPERTIES
SIZE
8 Acres
5 Acres to be Resold
3 Acres Multi-Family Residences
DEVELOPER
Legacy Communities
ARCHITECT
Mark Odom
PROJECT DESCRIPTION
5 Acres to be sold to a multi-family developer at $45-50 Per foot ($9.8 - $11 Million) with the goal to have a LOI in hand before closing on the land. 3 Acres to be held for LPC to develop a Phase 2 St. Elmo stacked flat development consisting of 140-160 residences.
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