8701 Us Highway 290 Austin, TX 78736

Property Details for 8701 Us Highway 290

Lot size

4.48 lot acres

Property size

1,200 SF

Property type

Land

Description

This exceptional 4.477-acre commercial land parcel, located at 8701 US 290 Highway West in Austin, Travis County, Texas (zip code 78736), presents a unique redevelopment opportunity. Priced at $4,500,000 ($3,750 per square foot), this fee simple property boasts 318 feet of frontage on the US 290 West feeder road, a key location given the ongoing highway widening project. The land itself is valued at $23 per square foot. Currently, the site includes two existing homes, a swimming pool, a 1,200 square foot metal storage building, and an 1,152 square foot cinderblock storage building. Utilities consist of a well and septic system, although city water and sewer lines are conveniently located nearby. Situated outside the Austin city limits, within the two-mile ETJ (Extraterritorial Jurisdiction), this property is exempt from zoning regulations and parking requirements. While potential exists for 75% impervious cover under Chapter 245 of the Local Government Code, prospective buyers must conduct their own due diligence to verify the feasibility of their intended use and obtain necessary approvals from the City of Austin. This prime location offers significant potential for multi-use commercial or industrial development.