Austin school district sells $11.8M of land to homebuilder; More high-profile sites remain up for grabs

The Austin Independent School District board Monday night approved the sale of two plots of surplus land to RSI Communities for $11.8 million, the first to go of 10 district properties that hit the market in October 2016.
RSI Communities plans to develop the two east-side properties — a 32-acre plot at the intersection of Loyola Lane and Ed Bluestein Boulevard, also known as U.S. Highway 183, and a 12-acre tract of land south of East 51st Street near 183 — into single-family residences, and…

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