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.
Features of 8737 W Highway 71
MLS® #
8702716
Price
$3,500,000
Bathrooms
0.00
Acres
24.91
Type
Land / Farm
Sub-Type
Other
Status
Active
Has Pool
No
Water Feature/View
View
ParkGreenbelt,Hills,TreesWoods
Is Waterfront
No
Community Information: Austin
Address
8737 W Highway 71
Area
W
Subdivision
Covered Bridge Whitecrowe Sub
City
Austin
County
Travis
State
TX
Zip Code
78736
Amenities of 8737 W Highway 71
Utilities
Cable Available, Electricity Available, High Speed Internet Available, See Remarks, Water Available, Water Connected
Features
None
Interior of 8737 W Highway 71
Fireplace
No
Exterior of 8737 W Highway 71
Exterior Features
Lighting
Lot Description
Backs to Greenbelt/Park, Native Plants, Split Possible
School Information
District
Austin ISD
Elementary
Oak Hill
Middle
Small
High
Bowie
Additional Information On 8737 W Highway 71
Days on Market
360
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $4,250,000 to $3,500,000
Price Reduced from $4,850,000 to $4,250,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Levi Rodgers Real Estate Group(210) 331-7000. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 13th, 2025 at 3:49pm 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.
