Sierra Commercial is pleased to offer a development opportunity with Lake Travis access in Southwest Austin. The 31-acre parcel of land is nestled on the coveted Highway 71 corridor between Lakeway and Marble Falls. This prime location is outside Lakeway ETJ, offering flexibility for developers without the constraints of zoning regulations. Multiple living unit equivalents (LUE) are available with this property. This community has experienced a staggering 180% increase in households within three miles since 2010, with projections for another 11% jump by 2027. The area is home to some of the most affluent residents in Austin, with an average household income of $174,437 and over $206 million in annual consumer spending. Approximately 70% of Southwest Austin submarket residents are homeowners, with multi-family vacancy rates among the lowest in the metro and some of the highest asking rates averaging at $1,800. The sloping terrain presents breathtaking views of the rolling Texas Hill Country and Lake Travis. Bee Caves II & III LAKE TRAVIS ISD - LAKE TRAVIS ACCESS - LAKE TRAVIS VIEWS - NO HOA - LOW TAX RATE OF 1.9% - INDIVIDUAL LOTS OR ENTIRE 31 ACRES FOR SALE - LUES AVAILABLE - 1 MILE FROM ROUGH HOLLOW ELEMENTARY & CLOSE TO LAKE TRAVIS MIDDLE SCHOOL - EXEMPLARY SCHOOLS - CLOSE TO 71 AND BEE CREEK
MLS# | 9689101 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 607 |
Listing Provided By | Sierra Commercial, LLC | Amber Gunn |
Acreage | 31.00 |
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Water Front | Yes |
State | TX |
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County | Travis |
City | Spicewood |
Zip Code | 78669 |
Area | LS |
Community Name | Lakehurst Resub |
School District | Lake Travis |
Elementary School | Rough Hollow |
Middle School | Lake Travis |
High School | Lake Travis |
Listing VS Median (in Lakehurst Resub) | |
Price: $5,500,000 low | high Med: $1,547,475 On site: 607 low | high Med: 59.000000 |