0 State Hy 71 Spicewood, TX 78669
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.
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
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.