For Sale
$950,000

8423 State HwyAustin, TX 78735

2-Acre Hwy 71 Lot, $950K

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2-acre commercial land parcel in Austin, Texas, presents a rare investment opportunity. Located at 8423 State Hwy 71, Travis County, zip code 78735 (30.247243, -97.890521), this property boasts over 250 feet of frontage on Hwy 71, a location poised for significant future development. The land is zoned LO, permitting a variety of uses, subject to Austin city regulations and permitting requirements. Prospective buyers should conduct a Vested Rights Verification to determine grandfather impervious coverage. The property's unique location offers unmatched visibility and is priced to sell. While the site is subject to water restrictions, its potential for diverse development makes it a highly desirable asset. This is a truly unique opportunity to acquire a strategically positioned commercial lot at the terminus of the new Hwy 71 extension. Serious inquiries are encouraged. All offers will be considered. The property is offered for sale by owner.

Highlights

  • Exceptional opportunity: New Hwy 71 terminus location.
  • High-traffic counts anticipated due to Hwy 71 terminus.
  • Significant development potential given Hwy 71 proximity.
  • Prime location for retail, commercial, or mixed-use development.
  • Strong ROI potential due to highway access and development potential.

Property Details for 8423 State Hwy

Property type
Land
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.247243
Longitude
-97.890521
8423 State Hwy, Austin, Texas

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8423 State Hwy
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