Property profile

0 Tbd Fitzhugh Rd Austin, TX 78736

OFF-MARKET
Land
11 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 11 ac (479,160 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Fitzhugh Rd Austin, TX 78736
Austin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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