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    120 Leisure Ln Cedar Creek, TX 78612

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    For Sale
    $1,297,000

    4-acre corner lot with commercial development potential in Cedar Creek.

    Lot size:
    4.09 Acres

    Property Features for 120 Leisure Ln

    General Information

    Lot size
    4.09 Acres

    Building Details

    Year built
    2016

    Source: Keller Williams - Lake Travis Agent Alice Duffy

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

    Overview

    Commercial Land on Corner Lot

    This corner lot, situated on approximately 4 acres, features direct frontage along Highway 21 at the intersection of Leisure Lane and 416 W Hwy 21 in Cedar Creek. The property benefits from high visibility and flexibility for commercial development. Located in a high-growth corridor between Bastrop and Austin, the site is near the $440 million EdgeConneX data center campus and the Hyatt Lost Pines Resort. The area is experiencing increased traffic volumes of approximately 16,000 vehicles per day, supported by TxDOT's ongoing highway widening project. Minimal or flexible zoning allows for retail, office, industrial, or mixed-use development. Nearby recreational anchors and residential growth support demand for supporting services and commercial amenities. The property offers easy access to SH-71 and regional infrastructure, presenting a prime opportunity for an investor or owner-user seeking scalable potential in a fast-developing area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Department Store Kitchen & Bath Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Creek
    County
    Bastrop
    State
    Texas
    Longitude
    -97.4412357
    Latitude
    30.1098432

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    FAQs

    What type of property is this?
    Commercial land - 4-acre corner lot with commercial development potential in Cedar Creek.
    Where is this commercial land located?
    The property is located at 120 Leisure Ln Cedar Creek, TX.
    What is the asking price?
    The asking price for this property is $1,297,000.
    What are key features of this property?
    This property features: - Prime corner lot location with direct frontage on Highway 21.; - Commercial development potential with minimal or flexible zoning.; - High traffic volume of approximately 16,000 vehicles per day.
    (512) 784-2345
    Request Owner's contact information
    120 Leisure Ln Cedar Creek, TX 78612
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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
    120 Leisure Ln Cedar Creek, TX 78612
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