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15911 Schmidt Loop Manor, TX 78653

Sponsored
For Sale
$4,750,000

41 Acres, Lakefront, High-Traffic Location

Property size:
3,014 SF

Description

Added:
Feb 3, 2025
Days on Market:
354
This exceptional 40.92-acre commercial property in Manor, Texas presents a unique investment opportunity. Located on Schmidt Loop (legal address 15911 Fay St.), this expansive tract boasts a stunning, approximately 8-acre lake known as Raesz Lake, offering picturesque views and recreational potential. Its prime location provides easy access to major roadways and tollways, ensuring excellent connectivity. Situated approximately 25 minutes from both downtown Austin and Bergstrom International Airport, this property benefits from high visibility and proximity to a thriving metropolitan area. The property is comprised of four tax parcels, totaling over 41 acres of pristine land. Zoning allows for a wide range of commercial developments, including high-end residential acreage lots, making it highly versatile and adaptable to various investment strategies. The property is not located within a FEMA-designated flood plain. Notably, this is the filming location of the movie "What's Eating Gilbert Grape," adding a unique historical element to its appeal. An agricultural exemption is currently in place. Prospective buyers are encouraged to conduct their own due diligence. The property offers significant development potential and is an exceptional opportunity for investors seeking a large-scale project in a rapidly growing area.

Property Features for 15911 Schmidt Loop

General Information

Property type
Other commercial real estate
Square Feet
3,014 SF
Lot Size
1,782,475 SF

Building Details

Year Built
1978

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Listing Contact
Lance Haverda

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Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Manor
County
Travis
State
Texas
Longitude
-97.51543
Latitude
30.39555

FAQs

What type of property is this?
Commercial real estate - 41 Acres, Lakefront, High-Traffic Location
Where is this commercial real estate located?
The property is located at 15911 Schmidt Loop Manor, TX.
What is the asking price?
The asking price for this property is $4,750,000.
More about this property
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