Hotel Development Site For
For Sale
Contact for pricing
209 Colonnade Pkwy, Woodway, TX 76712
Development site with Hilton franchise rights in Woodway, Texas.
Property Size167,750 SF
Lot Size3.85 Acres
Price / SF$14.90
Days on Market147
Property Features for 209 Colonnade Pkwy
General Information
Standard status
Active
Size
167,750 SF
Lot size
3.85 Acres
Property subtype
Hospitality, Land
Listing Agency:
HVS
Listed By:
Eric Guerrero · License #TX: 593163
Source:
Crexi
Added: Mar 19
Changed: Aug 8
Last Checked: Aug 11 at 7:52AM
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 HVS
Investment Insights
Based on property information with market context.
This offering includes a development site and secured Hilton franchise rights for a dual-brand Home2 Suites/Tru by Hilton hotel project. The site, totaling 167750 square feet, benefits from high visibility off U.S. Highway 84 in the Woodway submarket, near retail and dining along the Colonnade Parkway corridor. Its location is strategic, near corporate demand generators such as L3Harris Technologies, SpaceX McGregor, Caterpillar, Baylor University, and regional healthcare facilities. The site is also near local attractions, including Magnolia Market at the Silos, the Baylor University Sports Complex, and the Downtown Warehouse District, supporting both corporate and leisure demand.
Key Highlights
- Opportunity to acquire development site and secured Hilton franchise rights for a dual‑brand Home2 Suites/Tru by Hilton hotel.
- Excellent visibility off U.S. Highway 84 in the affluent Woodway submarket.
- Proximity to retail and dining options along the Colonnade Parkway corridor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 76712, TX
27,800
Population
11,704
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
96%
High-School Grad
52.4 sq mi
ZIP Area
531
Density / Sq Mi
$96,267
Median Household Income
$56,879
Median Earnings
$1,333
Median Rent
$302,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Development site with Hilton franchise rights in Woodway, Texas.
Where is this hotel located?
The property is located at 209 Colonnade Pkwy Woodway, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Opportunity to acquire development site and secured Hilton franchise rights for a dual‑brand Home2 Suites/Tru by Hilton hotel.; Excellent visibility off U.S. Highway 84 in the affluent Woodway submarket.; Proximity to retail and dining options along the Colonnade Parkway corridor.
