Embrace the potential of this exceptional 25-acre property, featuring gentle hills cleared of brush, ready for your vision. Perfectly positioned just 5 minutes down the road from the main entrance of Circuit of the Americas (COTA), less than 10 minutes from Austin International Airport, and 18 minutes from downtown Austin, this property offers unparalleled convenience and accessibility. It is also surrounded by new residential and commercial developments. The property includes a mobile home set up as an office/reception area, a storage shed, and two large covered pavilions. There are two public-facing restrooms with outside entrances and one private restroom with a shower. The septic system is commercial-grade with the option to access public septic, and electricity is available across the property. Water is currently provided via storage tank, with options for connecting to city water. A stunning multi-acre bass pond enhances the landscape, adding to the property's appeal. Currently, the property generates income by renting parking spaces for car and RV storage. It was formerly used as a laser tag/paintball arena and includes $7,000 worth of road base/gravel ready for parking lot or driveway improvements. This versatile land is perfect for developing tiny homes near the racetrack, breweries, residential or commercial projects, and businesses related to COTA looking for equipment and inventory storage space. With the area undergoing rapid development, this property is an excellent investment opportunity to buy and hold. This 25-acre property is a rare gem, offering an array of opportunities for investors, developers, and entrepreneurs. With its prime location and versatile infrastructure, it provides a solid foundation for various commercial and residential projects. Don’t miss out on this exceptional chance to secure a valuable piece of real estate in a rapidly developing area. It's the best deal you can get this close to downtown Austin.
Date | Details | Price | Change |
---|---|---|---|
Price Reduced | $1,195,000 | $54,000 (4.32%) | |
Price Reduced (from $1,399,000) | $1,249,000 | $150,000 (10.72%) |
Property Listed by: Bramlett Residential
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 23rd, 2024 at 10:30pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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