8737 State Highway 71

Austin, TX 78735

$4,850,000
Price
1,085,210 / 24.91
Lot Size / Acres

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...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.
  1. Listed by Erin Stephens • TREC #0642133 • Levi Rodgers Real Estate Group • (210) 331-7000

Property Details for 8737 State Highway 71

Subdivision Name
Covered Bridge Whitecrowe Sub
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
Park/Greenbelt, Hills, Trees/Woods
View YN
Yes
Parcel Number
04065006120000
Tax Lot
10A
LISTING UPDATED: 10/03/2024 01:32 PM

Property Details for 8737 State Highway 71

StatusActive
MLS #8702716
Days on Market93
Taxes$44,988 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Other
Year Built-
Lot Size24.91 AC
CountyTravis County

Building Information for 8737 State Highway 71

Lot Size24.91 AC

Property Information for 8737 State Highway 71

General Information
Interior
  • Restrictions: See Remarks
Exterior
  • Exterior Features: Lighting
  • New Construction: No
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: See Remarks
  • Lot Features: Backs to Greenbelt/Park, Native Plants, Split Possible
  • Road Surface Type: Gravel
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
  • Num Sheds: 1.0
  • Num Barns: 0.0
  • Num Corrals: 0.0
Utilities
  • Sewer: Septic Tank, See Remarks
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, See Remarks, Water Available, Water Connected
  • Water Source: Well
Financial Information
Taxes and HOA Information
  • Association: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 836651
  • Tax Year: 2023
Showing Information
Showing Information
  • 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.

Property History for 8737 State Highway 71

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8737 State Highway 71

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Oak Hill Elementary School
PublicPK to 5

Small Middle School
Public6 to 8

Bowie High School
Public9 to 12

Richards School For Young Women Leade
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8737 State Highway 71 is a 24.91 ac of land for sale in Austin, TX 78735. This property was listed for sale on August 16, 2024 by Levi Rodgers Real Estate Group, it's currently listed at $4,850,000. This listing's school district is Austin Independent School District. Nearby schools include Oak Hill Elementary School, Small Middle School and Bowie High School. 8737 State Highway 71 is a 0-bed, 0-bath, 24.91 ac of land on a 1,085,210 sq. ft. / 24.91 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Levi Rodgers Real Estate Group, Erin Stephens, TREC #0642133

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.