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    Jonestown, TX 78641

    For Sale
    Contact for pricing

    29 Acres, Travisso Adjacent, High-Income Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 29.858-acre tract presents a unique investment opportunity in the rapidly growing Leander, Texas market. Situated adjacent to the prestigious Travisso master-planned community by Taylor Morrison Homes, this property boasts approximately 2,000 feet of frontage along RM 1431, offering significant visibility and accessibility. A mere 2.5 miles (a three-minute drive) from the intersection of Anderson Mill Road and RM 1431, the location provides convenient access to major thoroughfares. The surrounding area exhibits a high demographic profile, with average household incomes exceeding $248,000 within a two-mile radius. The property is zoned for high-density residential development, capitalizing on the thriving Travisso residential development. Utility access is readily available, with a 12-inch wastewater main approximately 700 feet west and an 8-inch wastewater gravity main approximately 680 feet north. Electricity and gas lines are conveniently located along the RM 1431 frontage. This prime location and substantial acreage make this property ideal for a variety of commercial and residential developments. The property is located at RM 1431, Leander, TX 78641.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    1,300,614 SF

    HighLights

    • 12" water and wastewater main approx. 700 ft west, with lift station; 8" wastewater gravity main approx. 680 ft north.
    • Electricity and gas available at frontage on RM 1431.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonestown
    County
    Travis
    State
    Texas
    Longitude
    -97.892703608694
    Latitude
    30.518190394823

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    FAQs

    What type of property is this?
    Land - 29 Acres, Travisso Adjacent, High-Income Area
    Where is this land located?
    The property is located at Jonestown, TX.
    What are key features of this property?
    This property features: 12" water and wastewater main approx. 700 ft west, with lift station; 8" wastewater gravity main approx. 680 ft north.; Electricity and gas available at frontage on RM 1431.;
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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
    Jonestown, TX 78641
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