# 2008 E William Cannon Drive, Austin, TX 78744 > **TL;DR:** commercial, $3,250,000. Est. $17,382/mo. Listed 10 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,250,000 | | Lot Size | 295,772 sqft (6.79 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 10 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $16,434 | | Estimated Insurance | $948 | | **Total** | **$17,382** | ## Property Highlights - 6.79 acre lot ## Description ### Agent Description This 11.63-acre suburban infill development opportunity is strategically positioned along E. William Cannon Drive, approximately 2,000 feet east of Interstate 35 in the high-growth South Austin submarket. The offering consists of two contiguous parcels: 2008 E. William Cannon Drive (6.79 gross acres) and 1814 Nelms Drive (4.88 gross acres), providing a rare dual-access configuration that combines commercial arterial visibility with quiet residential ingress and egress via the Nelms Drive cul-de-sac. Comprehensive civil engineering feasibility and site planning completed by MIGL Engineering demonstrate an optimized 8.86-acre net developable footprint designed specifically for Class A multifamily density. Utilizing an MF-4 rezoning framework, draft site concepts establish a high-yield potential ranging from 171 to 215 residential units across 300,000 to 381,000 square feet of gross floor area. The engineered layouts accommodate building heights up to 58 feet while integrating flexible double-podium, tuck-under, and surface parking structures. The site is substantially de-risked by existing utility connectivity, featuring a 10-inch ductile iron wastewater main on-site and 12-inch water mains along both street frontages. Furthermore, the tract leverages an existing regional water quality and detention facility serving the drainage basin, saving millions in upfront site work. Capitalizing on the City of Austin's elimination of municipal minimum parking requirements, a buyer can maximize buildable density and capital efficiency in one of Austin's most accessible multifamily corridors. ## Location - **Address:** 2008 E William Cannon Drive, Austin, TX 78744 - **County:** Travis - **Neighborhood:** Eighty One William Cannon Join ## Virtual Tour & Media - **Video Tour:** https://youtu.be/ahAqUIG22_0?si=hy5NNr7TBDh87AQJ ## Listing Agent - **Name:** Scott Gustafson · **License:** 0762781 - **Brokerage:** Redfin Corporation - **Broker Phone:** (972) 207-4382 ## Photos ![2008 E William Cannon Drive - Photo 1](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2245406498r.jpg) ![2008 E William Cannon Drive - Photo 2](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f84675589r.jpg) ![2008 E William Cannon Drive - Photo 3](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f675885312r.jpg) ![2008 E William Cannon Drive - Photo 4](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f1278978798r.jpg) ![2008 E William Cannon Drive - Photo 5](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2130960861r.jpg) ![2008 E William Cannon Drive - Photo 6](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f4084306660r.jpg) ![2008 E William Cannon Drive - Photo 7](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2852391070r.jpg) ![2008 E William Cannon Drive - Photo 8](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f3353831191r.jpg) ![2008 E William Cannon Drive - Photo 9](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2029032018r.jpg) ![2008 E William Cannon Drive - Photo 10](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f3058412649r.jpg) ![2008 E William Cannon Drive - Photo 11](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2512068993r.jpg) ![2008 E William Cannon Drive - Photo 12](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f1124131643r.jpg) ![2008 E William Cannon Drive - Photo 13](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f4100992549r.jpg) ![2008 E William Cannon Drive - Photo 14](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2869729042r.jpg) ![2008 E William Cannon Drive - Photo 15](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2555897310r.jpg) ![2008 E William Cannon Drive - Photo 16](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f40731214r.jpg) ![2008 E William Cannon Drive - Photo 17](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f1906968597r.jpg) ![2008 E William Cannon Drive - Photo 18](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2228542773r.jpg) ![2008 E William Cannon Drive - Photo 19](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f2482618006r.jpg) ![2008 E William Cannon Drive - Photo 20](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f3851546828r.jpg) ![2008 E William Cannon Drive - Photo 21](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f1733452557r.jpg) ![2008 E William Cannon Drive - Photo 22](http://lh.rdcpix.com/09f5b3d3086db9e769e0a9e230c06147l-f1364246631r.jpg) --- **MLS#:** 628161 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/2008-e-william-cannon-drive-austin-tx-78744-4232ff8afdf645b4aa25a26d7faba578) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2008-e-william-cannon-drive-austin-tx-78744-4232ff8afdf645b4aa25a26d7faba578#listing", "url": "https://www.propertysimple.ai/listing/2008-e-william-cannon-drive-austin-tx-78744-4232ff8afdf645b4aa25a26d7faba578", "name": "2008 E William Cannon Drive, Austin, TX 78744", "description": "This 11.63-acre suburban infill development opportunity is strategically positioned along E. William Cannon Drive, approximately 2,000 feet east of Interstate 35 in the high-growth South Austin submarket. The offering consists of two contiguous parcels: 2008 E. 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Furthermore, the tract leverages an existing regional water quality and detention facility serving the drainage basin, saving millions in upfront site work. 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