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    911 Penion Dr Austin, TX 78748

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    For Sale
    $384,999

    1.75-acre development opportunity near Highway 35 and downtown Austin.

    Lot size:
    1.75 Acres

    Property Features for 911 Penion Dr

    General Information

    Lot size
    1.75 Acres

    Source: Compass RE Texas, LLC Agent Juliet McCabe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    1.75 Acres Development Opportunity

    This 1.75-acre commercial land development opportunity is located 15 minutes from downtown Austin, Texas. The site offers easy access to Highway 35 and is positioned near dining, shopping, and recreational amenities. Located within the ETJ, the property has no zoning restrictions, offering flexible development potential to suit a range of uses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.8202599
    Latitude
    30.1567776

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    FAQs

    What type of property is this?
    Land - 1.75-acre development opportunity near Highway 35 and downtown Austin.
    Where is this land located?
    The property is located at 911 Penion Dr Austin, TX.
    What is the asking price?
    The asking price for this property is $384,999.
    What are key features of this property?
    This property features: - 1.75-acre development opportunity.; - Located just 15 minutes from downtown Austin.; - Easy access to Highway 35.
    (512) 828-9001
    Request Owner's contact information
    911 Penion Dr Austin, TX 78748
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    Austin, TX 78748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    911 Penion Dr Austin, TX 78748
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