8737 W Highway 71
Austin, TX 78736
- – beds
- – baths
- – sqft
- ~25 acre lot
- – on site
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.
Last checked:
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Last updated Oct 3, 2024
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MLS# 8702716 —
The Building
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New Construction:false
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Exterior Features:Lighting
Location
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Directions:This is the address to Amli Covered Bridge: 8715 State Hwy 71, Austin, TX 78735. Put this in GPS. Go to the back right side of the community. You will see a gravel road and the beginning of the property is down the road behind a gate.
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Latitude:30.245016
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Longitude:-97.90233
The Property
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Property Type:Land
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Subtype:See Remarks
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Parcel Number:04065006120000
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Lot Features:Back to Park/Greenbelt
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Lot Size Acres:24.913
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Lot Size Area:24 Sqft
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Lot Size SqFt:1085210.28
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View:Hill Country
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Waterfront:false
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Waterfront Features:None
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# of Wells:5
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Horse:false
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Sheds:1
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Other Structures:Garage(s)
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Road Surface Type:Gravel
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FEMA Flood Plain:See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (512) 969-9959
- Office phone:
- (210) 331-7000
The Listing
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Video Tour:
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Special Listing Conditions:Standard
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Listing Terms:Cash
Utilities
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Utilities:Electricity Available
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Sewer:Septic Tank
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Water Source:Well
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Electric On Property:true
Schools
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Elementary School:Oak Hill
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Elementary School District:Austin ISD
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Middle Or Junior School:Small
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Middle Or Junior School District:Austin ISD
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High School:Bowie
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High School District:Austin ISD
The Community
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Subdivision Name:Covered Bridge Whitecrowe Sub
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Community Features:None
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Association:false
Parking
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# of Garages:1
Extra Units
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Additional Parcels:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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10/3/24
Oct 3, 2024
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Price Changed | ABOR | $4,850,000 | -3.0% |
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8/16/24
Aug 16, 2024
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Listed / Active | ABOR | $5,000,000 |
