8737 W HIGHWAY 71, AUSTIN, TX 78736
Homes for sale in Austin.
Homes for sale in 78736.
8737 W Highway 71
Austin, TX 78736
List Price$3,500,000
Listing #9660149
5
Bedrooms
2 full, 1 partial
Bathrooms
House
Type
About This Property
Discover an exceptional investment opportunity with this expansive +/- 24.9-acre property located in the highly desirable Oak Hill area, just off Highway 71. Perfectly situated for development, this versatile parcel offers a wealth of potential for developers, investors or "off grid-ers," alike. Currently zoned for rural residential / ag. Five acres of the property are integrated into the Covered Bridge development, with access via Roaring Springs Drive, making it ideal for residential expansion. The property includes three houses, a garage, and ample raw land. Utilities on-site include electricity, septic systems, and five wells providing substantial water resources (approximately 880 million cubic feet of water estimated to be underneath). Water rights are included in the sale. The main home is currently being used as a primary residence. It is approximately 3500sf and has 5 beds, 2 1/2 baths as well as off grid capabilities through the solar field, septic system and wells. The property offers direct access from Roaring Springs Drive and Mowinkle Drive. There is also a small wet weather creek within the greenbelt on the East side of the property that would add a natural decorative element to a residential development. This property is an unparalleled opportunity for anyone looking to capitalize on the growing demand in the South West Austin area.
Property Features
Location Information
County
Travis
Subdivision
Covered Bridge Whitecrowe Sub
County
Travis
Directions
This is the address to Amli Covered Bridge: 8715 State Hwy 71, Austin, TX 78735. Put this in GPS. Go to the back right side of the community. You will see a gravel road and the beginning of the property is down the road behind a gate.
Area
W
Interior Features
Interior
Ceiling Fan(s), Main Level Primary
1/2 Baths
1
Primary Bedroom On Main
Yes
Floors
Carpet, Tile
Full Baths
2
Appliances
Down Draft, Dryer, Dishwasher, Oven, Range, Refrigerator
Exterior Features
Style
HardiPlank Type, See Remarks
Parking Description
Covered, Detached, Gravel, Private
Stories
1
Fencing
See Remarks
Is New Construction
No
Lot Size in Acres
24.913
Construction/Exterior
HardiPlank Type, See Remarks
Waterfront Description
None
Exterior
Lighting
Has Waterfront
No
Foundation
Slab
Has View
Yes
Possession
Negotiable, See Remarks
View
Park/Greenbelt, Hills, Trees/Woods
Water / Sewer
Septic Tank, See Remarks
Is One Story
Yes
Water
Well
School
Elementary School District
Austin ISD
Middle School
Small
Elementary School
Oak Hill
High School
Bowie
Additional Information
Roof/Attic
Composition, Shingle
APN
04065006120000
Other Utilities
Cable Available, Electricity Available, High Speed Internet Available, See Remarks, Water Available, Water Connected
Status
Active Under Contract
Property Type
SFR
Documents Available
None
Property SubType
Other
Similar Listings
Mortgage Calculator
$16,344
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,612
Monthly Tax
$2,916
Monthly Insurance
$816
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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