9809 Us-290 Austin, TX 78736
This exceptional 9.69-acre property boasts 525 feet of high-visibility frontage on US-290 West in Austin, Texas, near Oak Hill and Dripping Springs. The site offers multiple development opportunities, or immediate income generation from existing improvements. These improvements include approximately 7,500 square feet of existing structures, comprised of three single-family homes (1,440 sq ft, 1,908 sq ft, and 3,415 sq ft) and two shop/warehouse buildings (not included in the 7,500 sq ft total), plus three wells. The homes feature additional sheds and one includes a pool. The property is located in Travis County, with a zip code of 78736, and benefits from excellent access and visibility, with a daily traffic count of 22,000 vehicles (CoStar 2022 data). The land is unzoned and outside the City of Austin's Extra Territorial Jurisdiction (ETJ), presenting unique development possibilities. Water is provided by the West Travis County Public Utility Agency, and electricity by Pedernales Electric Co-op. The surrounding area showcases a blend of commercial and residential development, including retail, restaurants, and personal storage facilities. This property presents a rare opportunity to capitalize on Austin's thriving real estate market.
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
Similar Nearby for Lease
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.