Residential Development Land
For Sale
$10,000,000
1701 Lohmans Crossing Road, Austin, TX 78734
Sealed-bid sale of subdividable residential development land owned by LTISD, requiring rezoning.
Property SizeContact for details
Days on Market267
Property Features for 1701 Lohmans Crossing Road
General Information
Standard status
Active
Property subtype
Land / Other
Zoning
Currently owned by LTISD
Taxes and HOA fees
Annual Taxes
$191,866
Listing Agency:
SPAETH-COOK LLC
(512) 656-4034
Listed By:
Sloan Spaeth · License #0510553
(512) 656-4034
Source:
Compass
Added: Nov 20, 2025
Changed: Aug 8
Last Checked: Mar 25 at 5:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SPAETH-COOK LLC
Investment Insights
Based on property information with market context.
This property is a residential development land parcel owned by LTISD and offered for sale via a sealed bid process. Bids are due 2/4/2026. The property is described as requiring subdivision from the lot containing Lakeway Elementary, and development will require rezoning.
The parcel is located within the City of Lakeway jurisdiction. The information provided also indicates development may require additional utility infrastructure to support a new development.
The property is currently tax exempt. A development plan will need to account for the rezoning requirement and any utility needs identified during the process.
The parcel is located within the City of Lakeway jurisdiction. The information provided also indicates development may require additional utility infrastructure to support a new development.
The property is currently tax exempt. A development plan will need to account for the rezoning requirement and any utility needs identified during the process.
Key Highlights
- LTISD‑owned property offered via sealed bid process
- Bids due 2/4/2026
- Subdividable residential development land to be subdivided from the lot containing Lakeway Elementary
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Explore this area
Business Placement
Demographics for 78734, TX
22,963
Population
10,885
Households
2.1
Avg Household Size
47
Median Age
59%
College-Educated
94%
High-School Grad
18.9 sq mi
ZIP Area
1,215
Density / Sq Mi
$129,116
Median Household Income
$67,881
Median Earnings
$1,930
Median Rent
$626,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Sealed-bid sale of subdividable residential development land owned by LTISD, requiring rezoning.
Where is this residential land & home lot located?
The property is located at 1701 Lohmans Crossing Road Austin, TX.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: LTISD‑owned property offered via sealed bid process; Bids due 2/4/2026; Subdividable residential development land to be subdivided from the lot containing Lakeway Elementary
