0 Shady Mountain Rd Leander, TX 78641
Exceptional 12.5-acre development opportunity in desirable Travis County, Texas. Located near Leander (11 miles), Georgetown (23 miles), and Austin (35 miles), this commercially and residentially zoned (R) property presents a unique investment prospect. Priced at $1,500,000 ($120,000/acre), it offers stunning views of peaks and valleys, bordering the Balcones Canyonlands National Wildlife Refuge. The land is ready for development, ideal for a luxury home subdivision given its proximity to the upscale Travisso community and Balcones area. The property's location within the Leander-Liberty Hill-Jonestown-Lago Vista submarkets provides excellent access to amenities and a growing population. Seller financing is available, making this a compelling 1031 exchange opportunity. The address is Shady Mountain Rd, Leander, TX 78641. This prime acreage presents a rare chance to capitalize on the thriving Central Texas real estate market. The property's size and location make it suitable for a variety of development projects, catering to the demand for high-end residential properties in a picturesque setting. The existing zoning allows for flexibility in development plans.
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
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Property description
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No recorded transactions found for this property.
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Risks
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