11500 Us-290 Austin, TX 78737
- Land
- 13.70 lot acres
Current Use by Public Records
- Land
Property Details for 11500 Us-290
- Lot size
- 13.70 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
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
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.9655
- Latitude
- 30.2172
