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Property profile & analytics
OFF-MARKET
Land

11500 Us-290 Austin, TX 78737

13.7 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 13.7-acre commercial and industrial land parcel ideally situated on Highway 290 in Austin, Texas, presents a compelling redevelopment opportunity. This property boasts gently sloping terrain, making it suitable for diverse development projects. Preliminary plans, developed in conjunction with SEC Planning, showcase potential for industrial and multifamily uses. The site benefits from existing infrastructure, including a 20 GPM well, access to 12" and 24" water lines at the highway, and 3-phase electricity at the southern boundary. Sewer solutions can be achieved via a septic system or a wastewater package plant. The property is conveniently located outside the Austin ETJ (Extra Territorial Jurisdiction), offering potential development flexibility. A dedicated access easement ensures convenient Highway 290 access. The high daily traffic count on Highway 290 (39,366 vehicles) underscores the property's strategic location within a rapidly growing corridor between Austin and Dripping Springs. The land is 100% impervious, as verified by Travis County. Seller financing is available, making this a truly outstanding investment opportunity. The property is zoned by Travis County, but no specific zoning is listed. The address is 11500 & 11400 Hwy 290 W, Austin, TX 78737. The asking price is $6,000,000.

Property profile
Verified
Property type Land
Lot 13.7 ac (596,772 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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