Property profile

9809 Us-290 Austin, TX 78736

OFF-MARKET
Land
9.69 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 9.69 ac (422,096 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9809 Us-290 Austin, TX 78736
Austin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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