901-903 Neches St. Changes Hands

May 30, 2014

Anchor Equities sold .40 acres in Austin, TX to Journeyman Construction for $2 million, or approximately $4.9 million per acre

The lot is located at 901-903 Neches St. in close proximity to Greystar Red River Flats. The lot has all the utilities at the site and is proposed for commercial use. The buyer purchased the land for a future development but plans have not been inked yet

Randy Merritt of McAllister & Associates represented the seller, while the buyer was self-represented

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