AISD sells two plots for $11.8 millionAISD sells two plots for $11.8 millionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=169242017-06-22T05:00:00Z2017-06-22T17:00:00Z

​​​AUSTIN – ​​The Austin Independent School District has sold two plots of surplus land to RSI Communities for $11.8 million, the first of ten district properties that hit the market in October 2016.

The California​-based homebuilder will develop the land into single-family residences and has agreed to reserve 25 percent of the units for affordable housing.

The two east-side properties—32 acres at the intersection of Loyola Ln. and Ed Bluestein Blvd. and 12 acres south of E. 51st St.—went for $7.2 million and $4.6 million, respectively. 

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/news/2017/06/20/austin-school-district-sells-11-8m-of-land-to.htmlRead more at {Source}

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