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    15000 Fitzhugh Rd Austin, TX 78736

    For Sale
    $4,500,000

    Hays County commercial/industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 22.01-acre tract of land presents a unique investment opportunity in the rapidly growing Austin, Texas area. Located at 15000 Fitzhugh Rd, in Hays County, zip code 78736, this property boasts a prime location outside both the Austin and Dripping Springs extraterritorial jurisdictions (ETJs). Currently enjoying an agricultural exemption, the land offers significant flexibility for a variety of commercial and industrial developments. The property is zoned to allow for a wide range of uses, including but not limited to restaurants, breweries, distilleries, event venues, music venues, short-term rentals, commercial warehouses, and flex parks. With minimal restrictions and no HOA, developers have considerable freedom in their project vision. The site's existing infrastructure includes a single-family home, a detached two-car garage, a guest house, a large horse barn with nine stalls, a metal shop area, two tack rooms, an air-conditioned feed room, a hay room, a wash rack, an outdoor arena, nine cross-fenced pastures, and four run-in horse sheds. This existing infrastructure could be repurposed or removed to accommodate new development. The property's convenient location provides easy access to Southwest and Central Austin, as well as Bee Caves, Lakeway, Dripping Springs, Wimberley, and the surrounding Hill Country. The asking price is $4,500,000. The property is also subdividable into parcels of 2+ acres.

    Property Features for 15000 Fitzhugh Rd

    General Information

    Property type
    Land
    Lot Size
    958,756 SF

    HighLights

    • Fitzhugh Road frontage.
    • Located outside both the Austin and Dripping Springs extraterritorial jurisdictions (ETJs).
    • Currently enjoys an agricultural exemption.
    • Subject to light zoning restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Department Store Storage Facility HVAC Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -98.04107
    Latitude
    30.242592

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    FAQs

    What type of property is this?
    Land - Hays County commercial/industrial land, ideal for development.
    Where is this land located?
    The property is located at 15000 Fitzhugh Rd Austin, TX.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Fitzhugh Road frontage.; Located outside both the Austin and Dripping Springs extraterritorial jurisdictions (ETJs).; Currently enjoys an agricultural exemption.
    Request Owner's contact information
    15000 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
    15000 Fitzhugh Rd Austin, TX 78736
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