8737 W Highway 71

Austin, TX 78736

  • 5 Bed(s)
  • 2 Bath(s)
  • 0 Sqft
  • 24.913
    Acres(Lot)
$4,850,000

Description

Discover an exceptional investment opportunity with this expansive +/- 24-acre property located in the highly desirable oak hill area, just off highway 71. perfectly situated for residential or commercial development, this versatile parcel offers a wealth of potential for developers, investors or "off grid-ers," alike. this prime, *unrestricted* land is currently zoned for commercial use but can be rezoned for residential development. five acres of the property are integrated into the covered bridge development, with access via roaring springs drive, making it ideal for residential expansion. the property includes three houses, a garage, and ample raw land. utilities on-site include electricity, septic systems, and five wells providing substantial water resources (approximately 880 million cubic feet of water estimated to be underneath). water rights are included in the sale. the main home is currently being used as a primary residence. it is approximately 3500sf and has 5 beds, 2 1/2 baths as well as off grid capabilities through the solar field, septic system and wells. approximately 19 acres were previously in a floodplain. however, extensive work has been done, including the addition of fill dirt and a levy to mitigate future flood risks. the area is in the process of being graded to finalize this improvement. the property offers direct access from roaring springs drive, highway 71 and mowinkle drive. there is also a small wet weather creek within the greenbelt on the east side of the property that would add a natural decorative element to a residential development. this property is an unparalleled opportunity for anyone looking to capitalize on the growing demand in the south west austin area.

  • Property Type

    Residential

  • Subdivision

    Rough Hollow

  • County

    Travis

  • Style

    Residential

  • AD ID

    46765980

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 2
    • Half Baths: 1

    Water/Sewer

    • Water Source : Well
    • Sewer : Septic Tank,See Remarks

    Room Information

    • Total Rooms: 5

    Interior Features

    • Roof : Composition,Shingle
    • Exterior Property Features : Lighting
    • Interior Features: Ceiling Fan(s),Main Level Primary
    • Property Appliances: Down Draft,Dryer,Dishwasher,Oven,Range,Refrigerator

  • Building Information

    • Construction: HardiPlank Type,See Remarks
    • Roof: Composition,Shingle

    Exterior Features

    • Lighting

  • Lot Information

    • Lot Dimensions: Backs to Greenbelt/Park,Native Plants,Split Possible

    Property Information

    • Subdivision: Covered Bridge Whitecrowe Sub

  • Listing Price Information

    • Original List Price: $4,850,000

  • Tax Information

    • Parcel Number: 04065006120000

  • School Information

    • Elementary School: Oak Hill
    • Middle/Junior High School: Small
    • Senior High School: Bowie
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The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the ACTRIS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by ACTRIS.

BuyOwner last updated this listing 01/15/2025 @ 12:32

  • MLS: 9660149
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: ACTRIS

is a Home, with 5 bedrooms which is for sale, it has 0 sqft, 25 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Austin , in zip code 78736, this Travis County Home , it is in the Rough Hollow Subdivision, are nearby neighborhoods.