11519 Menchaca Rd Austin, TX 78748
- Land
- 0.38 lot acres
Current Use by Public Records
- Land
Property Details for 11519 Menchaca Rd
- Lot size
- 0.38 lot acres
- Property type
- Land
Description
This exceptional .38-acre commercial land parcel, located at 11517 and 11519 Menchaca Road in Austin, Texas (zip code 78748), presents a unique investment opportunity. Situated in Travis County, this property boasts high visibility and exposure due to its prime location on a busy arterial road. The lot is currently leased to a used car lot operator under a month-to-month (MTM) lease agreement. This provides immediate income potential for the new owner, with the flexibility to renegotiate terms upon lease expiration. The property's size and location make it ideal for a variety of commercial uses, beyond its current application. The address is easily accessible, offering excellent visibility for any business seeking high traffic exposure. The coordinates are 30.15266227027762 latitude and -97.83333826851533 longitude. This property is a rare find in a thriving Austin market, offering a blend of immediate income and long-term development potential. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for commercial use. The land is ready for immediate use or redevelopment, making it an attractive option for both short-term and long-term investors.
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
- -97.8333
- Latitude
- 30.1527
