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    Shady Mountain Rd Leander, TX 78641

    For Sale
    $1,500,000

    12.5 Acres, Luxury Home Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional 12.5-acre development opportunity in desirable Travis County, Texas. Located near Leander (11 miles), Georgetown (23 miles), and Austin (35 miles), this commercially and residentially zoned (R) property presents a unique investment prospect. Priced at $1,500,000 ($120,000/acre), it offers stunning views of peaks and valleys, bordering the Balcones Canyonlands National Wildlife Refuge. The land is ready for development, ideal for a luxury home subdivision given its proximity to the upscale Travisso community and Balcones area. The property's location within the Leander-Liberty Hill-Jonestown-Lago Vista submarkets provides excellent access to amenities and a growing population. Seller financing is available, making this a compelling 1031 exchange opportunity. The address is Shady Mountain Rd, Leander, TX 78641. This prime acreage presents a rare chance to capitalize on the thriving Central Texas real estate market. The property's size and location make it suitable for a variety of development projects, catering to the demand for high-end residential properties in a picturesque setting. The existing zoning allows for flexibility in development plans.

    Property Features for 0 Shady Mountain Rd

    General Information

    Property type
    Land
    Lot Size
    544,500 SF

    HighLights

    • Prime development land ideal for a luxury home subdivision.
    • Travisso/Balcones area location.
    • Adjacent to Canyonlands National Wildlife Refuge, offering expansive views.
    • Conveniently located: 35 miles to Austin, 11 miles to Leander, 23 miles to Georgetown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.927643
    Latitude
    30.538092

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    FAQs

    What type of property is this?
    Land - 12.5 Acres, Luxury Home Potential
    Where is this land located?
    The property is located at Shady Mountain Rd Leander, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Prime development land ideal for a luxury home subdivision.; Travisso/Balcones area location.; Adjacent to Canyonlands National Wildlife Refuge, offering expansive views.
    (210) 400-7131
    Request Owner's contact information
    Shady Mountain Rd Leander, TX 78641
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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
    Shady Mountain Rd Leander, TX 78641
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