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Property profile & analytics
OFF-MARKET
Land

1604 State Highway 71 Cedar Creek, TX 78612

9.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.92-acre commercial land parcel presents a unique investment opportunity in Bastrop County, Texas. Strategically located along Highway 71 West, this property boasts significant frontage, ensuring high visibility and accessibility. The site comprises three separate tracts, offering flexibility for development or subdivision. Its prime location offers unparalleled convenience, situated just west of Bastrop, approximately 13 miles east of Austin-Bergstrom International Airport, and within 12 miles of the new Tesla Gigafactory. Furthermore, the property is conveniently located approximately 3 miles from The Boring Company's facility and the proposed SpaceX facility, positioning it within a rapidly growing and technologically advanced region. Adding to its appeal, an income-producing residential house is currently situated on the property, providing immediate potential revenue streams. The property's zoning and development potential should be independently verified. This exceptional location, combined with the existing residential structure and the expansive acreage, makes this a truly remarkable opportunity for commercial development in a high-growth area of Texas. The property address is 1604 State Hwy 71, Cedar Creek, TX 78612.

Property profile
Verified
Property type Land
Lot 9.92 ac (432,115 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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