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    7609 Cocklebur Cv Leander, TX 78645

    For Sale
    $3,500,000

    7.82 Acres, High Visibility, FM 1431

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7.82-acre commercial land parcel presents a remarkable investment opportunity in Leander, Texas. Strategically located on FM 1431 at Lohman Ford, this property boasts excellent visibility and accessibility, making it ideal for a wide range of commercial developments. The property's address is 7609 Cocklebur Cove, Leander, TX 78645, with Travis County APN 180312. The asking price is $3,500,000. The seller is offering this land "For sale by owner". Its prime location offers significant potential for various commercial uses. An adjacent 5.88-acre parcel at the same location is also available for purchase. While not currently zoned for senior housing, preliminary discussions with Lago Vista city officials indicate a potential for zoning changes to accommodate senior housing developments, and city officials have expressed support for tax credits related to such projects. This presents a unique opportunity to capitalize on the growing demand for senior housing in the area and potentially benefit from tax incentives. The property's size and location make it an attractive proposition for developers seeking a high-visibility site with strong growth potential. Serious inquiries are encouraged.

    Property Features for 7609 Cocklebur Cv

    General Information

    Property type
    Land
    Lot Size
    340,639 SF

    HighLights

    • Favorable city support for zoning changes to accommodate the project.
    • City officials are supportive of tax credits for senior housing development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.972748
    Latitude
    30.47138

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    FAQs

    What type of property is this?
    Land - 7.82 Acres, High Visibility, FM 1431
    Where is this land located?
    The property is located at 7609 Cocklebur Cv Leander, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Favorable city support for zoning changes to accommodate the project.; City officials are supportive of tax credits for senior housing development.;
    (512) 633-2233
    Request Owner's contact information
    7609 Cocklebur Cv Leander, TX 78645
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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
    7609 Cocklebur Cv Leander, TX 78645
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