3600 Lakehurst Rd

Spicewood, TX 78669

About this property

Sierra Commercial is pleased to offer a development opportunity with Lake Travis access in Southwest Austin. The 31-acre parcel of land is nestled on the coveted Highway 71 corridor between Lakeway and Marble Falls. This prime location is outside Lakeway ETJ, offering flexibility for developers without the constraints of zoning regulations. Multiple living unit equivalents (LUE) are available with this property. This community has experienced a staggering 180% increase in households within three miles since 2010, with projections for another 11% jump by 2027. The area is home to some of the most affluent residents in Austin, with an average household income of $174,437 and over $206 million in annual consumer spending. Approximately 70% of Southwest Austin submarket residents are homeowners, with multi-family vacancy rates among the lowest in the metro and some of the highest asking rates averaging at $1,800. The sloping terrain presents breathtaking views of the rolling Texas Hill Country and Lake Travis. Bee Caves II & III LAKE TRAVIS ISD - LAKE TRAVIS ACCESS - LAKE TRAVIS VIEWS - NO HOA - LOW TAX RATE OF 1.9% - INDIVIDUAL LOTS OR ENTIRE 31 ACRES FOR SALE - LUES AVAILABLE - 1 MILE FROM ROUGH HOLLOW ELEMENTARY & CLOSE TO LAKE TRAVIS MIDDLE SCHOOL - EXEMPLARY SCHOOLS - CLOSE TO 71 AND BEE CREEK

About this property

Sierra Commercial is pleased to offer a development opportunity with Lake Travis access in Southwest Austin. The 31-acre parcel of land is nestled on the coveted Highway 71 corridor between Lakeway and Marble Falls. This prime location is outside Lakeway ETJ, offering flexibility for developers without the constraints of zoning regulations. Multiple living unit equivalents (LUE) are available with this property. This community has experienced a staggering 180% increase in households within three miles since 2010, with projections for another 11% jump by 2027. The area is home to some of the most affluent residents in Austin, with an average household income of $174,437 and over $206 million in annual consumer spending. Approximately 70% of Southwest Austin submarket residents are homeowners, with multi-family vacancy rates among the lowest in the metro and some of the highest asking rates averaging at $1,800. The sloping terrain presents breathtaking views of the rolling Texas Hill Country and Lake Travis. Bee Caves II & III LAKE TRAVIS ISD - LAKE TRAVIS ACCESS - LAKE TRAVIS VIEWS - NO HOA - LOW TAX RATE OF 1.9% - INDIVIDUAL LOTS OR ENTIRE 31 ACRES FOR SALE - LUES AVAILABLE - 1 MILE FROM ROUGH HOLLOW ELEMENTARY & CLOSE TO LAKE TRAVIS MIDDLE SCHOOL - EXEMPLARY SCHOOLS - CLOSE TO 71 AND BEE CREEK

Features and Additional Information

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$5,500,000 Active
0 SQFT

Presented By Crystal Banks

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Get in touch today! Phone: 1-254-285-1444
License #801070
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Sierra Commercial, LLC
1-512-922-4866
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Area Information

LS | Travis County | Lakehurst Resub

$ 5,500,000
This listing is play_arrow 99900.0% higher than the average in the area
$ 5,500 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
435 days on site
This listing is play_arrow 248.0% above the average in the area
125 days on site in the area

Schools in the Area

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    Elementary School
    Rough Hollow
  • turned_in
    Middle School
    Lake Travis
  • turned_in
    High School
    Lake Travis

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Listed By Amber Gunn
Brokerage: Sierra Commercial, LLC

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