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    Tbd Fitzhugh Rd Austin, TX 78736

    For Sale
    $2,850,000

    11 Acres Commercial Land, Hays County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 11-acre commercial land parcel presents a remarkable investment opportunity on Fitzhugh Road, a rapidly developing corridor between Austin and Dripping Springs, Texas. Located in Hays County with an Austin address (zip code 78736), this property boasts easy access to Southwest and Central Austin, as well as Bee Caves, Lakeway, Dripping Springs, Wimberley, and the surrounding Hill Country. The site is situated outside the extraterritorial jurisdictions (ETJs) of both Austin and Dripping Springs. Given the area's explosive growth, the Fitzhugh Corridor is experiencing high demand for various commercial uses, including restaurants, breweries, distilleries, event venues, music venues, short-term rentals, commercial warehouses, and flex parks. This 11-acre tract offers significant potential for developers and investors seeking to capitalize on this thriving market. The asking price is $2,850,000. Note that there is an option to purchase a larger, contiguous tract of over 22 acres. Detailed information regarding this option is available upon request. The property's coordinates are 30.243238 latitude and -98.024683 longitude.

    Property Features for 0 Tbd Fitzhugh Rd

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • 11‑acre commercial land parcel in Austin, TX (zip code 78736), ideally located on Fitzhugh Road.
    • Excellent access to Southwest and Central Austin, Bee Caves, Lakeway, Dripping Springs, and Wimberley.
    • Situated outside ETJs of Austin and Dripping Springs, offering development flexibility.
    • High demand location with potential for various commercial uses including restaurants, breweries, and event venues.
    • $2,850,000 asking price; option to purchase an adjacent 22+ acre tract.
    • Coordinates: 30.243238 latitude, -98.024683 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -98.024683
    Latitude
    30.243238

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    FAQs

    What type of property is this?
    Land - 11 Acres Commercial Land, Hays County
    Where is this land located?
    The property is located at Tbd Fitzhugh Rd Austin, TX.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: 11-acre commercial land parcel in Austin, TX (zip code 78736), ideally located on Fitzhugh Road.; Excellent access to Southwest and Central Austin, Bee Caves, Lakeway, Dripping Springs, and Wimberley.; Situated outside ETJs of Austin and Dripping Springs, offering development flexibility.
    (512) 892-9934
    Request Owner's contact information
    Tbd Fitzhugh Rd Austin, TX 78736
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    Austin, TX 78736
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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
    Tbd Fitzhugh Rd Austin, TX 78736
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