Austin: 390 acres near airport sell

AUSTIN – Nearly 400 developable acres in Southeast Austin have been sold to local investors who say they plan a mixed-use commercial project on the site, which is just east of Austin-Bergstrom International Airport.

The site is known as Eastbourne Crossing.

The area is in the Triple Freeport Zone where goods are exempt in transit when stored for no more than 175 days before being shipped out of state.

The land is located at the corner of SH 71 and SH 130. It is near the Circuit of The Americas racetrack and amphitheater.

The sale involved two tracts. Eastbourne Crossing was the seller of 385.7 acres, while an Eastbourne affiliate sold an adjoining 4.9 acres at the corner of FM 973 and SH 71.

Charles Heimsath, a local real estate consultant, said the land — which has City of Austin utilities — is a good fit for any commercial or industrial use.