15911 Schmidt Loop Manor, TX 78653
- Commercial real estate
- 3,014 SF
- 40.92 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 15911 Schmidt Loop
- Year built
- 1978
- Lot size
- 40.92 lot acres
- Property size
- 3,014 SF
- Property type
- Commercial real estate
Description
This exceptional 40.92-acre commercial property in Manor, Texas presents a unique investment opportunity. Located on Schmidt Loop (legal address 15911 Fay St.), this expansive tract boasts a stunning, approximately 8-acre lake known as Raesz Lake, offering picturesque views and recreational potential. Its prime location provides easy access to major roadways and tollways, ensuring excellent connectivity. Situated approximately 25 minutes from both downtown Austin and Bergstrom International Airport, this property benefits from high visibility and proximity to a thriving metropolitan area. The property is comprised of four tax parcels, totaling over 41 acres of pristine land. Zoning allows for a wide range of commercial developments, including high-end residential acreage lots, making it highly versatile and adaptable to various investment strategies. The property is not located within a FEMA-designated flood plain. Notably, this is the filming location of the movie "What's Eating Gilbert Grape," adding a unique historical element to its appeal. An agricultural exemption is currently in place. Prospective buyers are encouraged to conduct their own due diligence. The property offers significant development potential and is an exceptional opportunity for investors seeking a large-scale project in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manor
- County
- Travis
- State
- Texas
- Longitude
- -97.5154
- Latitude
- 30.3955
