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Property profile & analytics
OFF-MARKET
Land

71 & Pedernales Smt Pkwy Spicewood, TX 78669

0.99 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.99 ac (43,124 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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