16316 Hamilton Pool Rd Austin, TX 78738
This exceptional 14-acre commercial land parcel, located at 16316 Hamilton Pool Rd in Austin, Travis County, Texas, presents a unique investment opportunity. Situated in the rapidly expanding Lake Travis south shore area, this property enjoys a strategic location approximately 5 minutes from Bee Cave and 15 minutes from Dripping Springs' Mercer Street district. The site offers convenient access to a variety of amenities, including the Hill Country Galleria, H-E-B grocery store, Hill Country Indoor Sports and Fitness, and more. Nature enthusiasts will appreciate the proximity to Hamilton Pool, Reimers Ranch, and Westcave Preserve. The area also boasts numerous breweries, distilleries, wineries, and the Dripping Springs Ranch Park. This property is zoned for both commercial and residential use and is within the highly-regarded Lake Travis Independent School District. Enjoy stunning long-range views from the rear of the property. A significant advantage is the absence of deed restrictions, HOA fees, ETJ limitations, or city limits, and the property is not located within a flood plain. Water usage information is available upon request. The surrounding area is characterized by high household incomes and substantial growth, making this an attractive investment or development prospect. The property shares a border with the upscale Provence community (David Weekley, Newmark Homes, and Ashton Woods homes) and is adjacent to a future commercial tract. Finally, the property benefits from easy access to major transportation routes and is conveniently located near the vibrant city of Austin. The asking price is $4,995,000. The APN is 109938 and the zip code is 78738.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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