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8737 W Highway 71

Austin, TX 78736

5 beds
3 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.

Listing courtesy of ABOR / Erin Stephens / Levi Rodgers Real Estate Group

Last checked: Checking… • Last updated Oct 3, 2024 •

MLS# 9660149 —

The Building

New Construction:

false
Levels:

One
Foundation:

Slab
Roof:

Composition
Exterior Features:

Lighting
Patio And Porch Features:

Covered

Interior

Interior Features:

Ceiling Fan(s)
Living:

1
Dining:

1
Flooring:

Carpet

Location

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.
Latitude:

30.245848
Longitude:

-97.901987

The Property

Property Type:

Residential
Subtype:

See Remarks
Property Condition:

See Remarks
Parcel Number:

04065006120000
Lot Features:

Back to Park/Greenbelt
Lot Size Acres:

24.913
Lot Size Area:

24 Sqft
Lot Size SqFt:

1085210.28
View:

Hill Country
Waterfront:

false
Waterfront Features:

None
Horse:

false
Fencing:

See Remarks
Other Structures:

Garage(s)
FEMA Flood Plain:

See Remarks

Listing Agent

Contact info:

Beds

Bedrooms Total:

5
Main Level Bedrooms:

5

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Owner

Utilities

Utilities:

Electricity Available
Sewer:

Septic Tank
Water Source:

Well
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Oak Hill
Elementary School District:

Austin ISD
Middle Or Junior School:

Small
Middle Or Junior School District:

Austin ISD
High School:

Bowie
High School District:

Austin ISD

The Community

Subdivision Name:

Covered Bridge Whitecrowe Sub
Community Features:

None
Pool Private:

false
Pool Features:

None
Association:

false

Parking

Parking Features:

Covered
Garage:

false
Attached Garage:

false

Extra Units

Additional Parcels:

true

Monthly cost estimate

Asking price

$4,850,000

Expense	Monthly cost
Mortgage	$25,970
Taxes	N/A
Insurance	$1,333
Utilities	N/A
Total	$27,303/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/3/24 Oct 3, 2024	Price Changed	ABOR	$4,850,000	-3.0%
8/28/24 Aug 28, 2024	Listed / Active	ABOR	$5,000,000

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This house located in Oak Hill, Austin, TX 78736 is currently for sale for $4,850,000. 8737 W Highway 71 is a – square foot house with 5 beds and 3 baths that has been on Estately for 89 days. 8737 W Highway 71 is in the Oak Hill neighborhood of Austin and has a WalkScore® of 1, making it car-dependent. This house is in the attendance area of Bowie High School, Small Middle School, and Oak Hill Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.