17317 Fm 1431 Leander, TX 78641
This exceptional 13.06-acre mixed-use property in Leander, TX, presents a unique investment opportunity. Approximately 10 acres are available for development, situated on FM 1431 W, near the future intersection of New Hope Road and FM 1431. The property enjoys approximately 900 feet of frontage on FM 1431 West and benefits from existing water and power, along with multiple septic units. Currently lacking gas and sewer connections, this unrestricted ETJ land offers unparalleled flexibility for diverse development projects. The site includes a soccer field with artificial turf and a 7500-gallon fire protection tank. Its prime location offers convenient access to shopping centers in Cedar Park, including Lakeline Mall and HEB, and proximity to Round Rock. The area is experiencing significant growth, fueled by new residential construction and the planned Amazon Fulfillment Center. Potential uses range from a gas station (potentially replacing the existing soccer field) to luxury apartments taking advantage of the hill country views. A lift station may be required for sewer in a residential development. The property's size and features are approximate
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.