290 Harris Br Pkwy / Decker Ln At Hwy Austin, TX 78724
This exceptional 71.47-acre tract is strategically located at the intersection of Hwy 290 and Harris Branch Parkway (Decker Lane) in eastern Travis County, within the Austin ETJ. The property offers convenient access to major transportation arteries, connecting Austin to both Houston and the Hill Country. The surrounding area showcases a diverse mix of land uses, including residential subdivisions, multi-family developments, commercial spaces, high-tech manufacturing, light industrial facilities, and existing rural residential properties. The site itself is bisected by a creek, with designated floodplain areas established by FEMA and the City of Austin. Despite the floodplain, a significant portion of the land remains usable. Specifically, Tract A (68.916 acres) contains approximately 30.668 net acres outside the floodplain, divided almost equally north and south of the creek. A smaller 2.552-acre tract is also included. This location boasts exceptional proximity to key amenities: less than 15 minutes from Austin's central business district and Austin-Bergstrom International Airport, 3 miles from the Travis County Expo Center, across the highway from Applied Materials, and within walking distance of Walter E. Long Metropolitan Park/Lake. The property benefits from adjacent utilities, a low tax rate of 1.688247%, and borders the Union Pacific Railroad to the south. The Manor ISD serves the area. The Austin ETJ zoning offers flexibility, including the possibility of disannexation. This versatile property presents significant potential for various developments, including multifamily residential, light industrial, and commercial projects.
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.