7609 Cocklebur Cv Leander, TX 78645
This exceptional 7.82-acre commercial land parcel presents a remarkable investment opportunity in Leander, Texas. Strategically located on FM 1431 at Lohman Ford, this property boasts excellent visibility and accessibility, making it ideal for a wide range of commercial developments. The property's address is 7609 Cocklebur Cove, Leander, TX 78645, with Travis County APN 180312. The asking price is $3,500,000. The seller is offering this land "For sale by owner". Its prime location offers significant potential for various commercial uses. An adjacent 5.88-acre parcel at the same location is also available for purchase. While not currently zoned for senior housing, preliminary discussions with Lago Vista city officials indicate a potential for zoning changes to accommodate senior housing developments, and city officials have expressed support for tax credits related to such projects. This presents a unique opportunity to capitalize on the growing demand for senior housing in the area and potentially benefit from tax incentives. The property's size and location make it an attractive proposition for developers seeking a high-visibility site with strong growth potential. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.