State Hy 71 Spicewood, TX 78669
- Land
- 3.85 lot acres
Current Use by Public Records
- Land
Property Details for 0 State Hy 71
- Lot size
- 3.85 lot acres
- Property type
- Land
Description
This exceptional 3.85-acre commercial land parcel presents a remarkable investment opportunity in the thriving Spicewood, Texas market. Located at the hard corner intersection of Cypress Ranch Boulevard and Highway 71, this property boasts unparalleled visibility and high traffic counts, making it ideal for a variety of commercial ventures, including a convenience store or retail center. The lot's excellent topography and existing water and sewer infrastructure simplify development. Situated near Lake Travis and within the highly-rated Lake Travis Independent School District (LTISD), this location offers both business and lifestyle advantages. The asking price is $2,300,000, translating to $597,402.60 per acre, reflecting the property's prime location and development potential. This is a rare opportunity to acquire a strategically positioned commercial lot in a rapidly growing area with significant long-term growth prospects. The controlled intersection ensures easy access and high visibility, maximizing potential for business success. Don't miss this chance to secure a piece of Spicewood's vibrant commercial landscape. The address is 0 State Hwy 71, Austin, TX 78669.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spicewood
- County
- Spicewood
- State
- Texas
- Longitude
- -98.1566
- Latitude
- 30.476
