71 & Pedernales Smt Pkwy Spicewood, TX 78669
This exceptional 0.99-acre commercial lot is situated at the southwest corner of the entrance to the prestigious Sweetwater master-planned community in Spicewood, Texas. Located at the intersection of State Highway 71 and Pedernales Summit Parkway, this property benefits from high visibility and convenient access. Sweetwater boasts approximately 1,550 single-family homes, with prices ranging from $800,000 to over $2 million, ensuring a substantial and affluent customer base. The site is ready for development, with existing water, wastewater, and electric utilities already in place. Off-site stormwater detention maximizes usable land area. Importantly, this property is outside city limits, eliminating the need for city zoning and permitting processes. Development is subject to Travis County and LCRA site plan review and approval, governed by the Sweetwater Master Plan. While specific uses are subject to plan approval, most non-obnoxious office and retail uses are anticipated to be permissible, making this a highly versatile opportunity for commercial development in a thriving community. The Burnet County location and 78669 zip code offer a desirable address within a rapidly growing area of Texas. This is a rare opportunity to acquire a well-located, utility-ready commercial lot in a high-demand area.
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.