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8737 W Highway 71, Austin, TX 78736

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For Sale

$4,850,000

24.91 acres

Estimated Payment

$ 24,960 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 24.9 acres
    Lot size

Explore this Property

Discover an exceptional investment opportunity with this expansive +/- 24-acre property located in the highly desirable Oak Hill area, just off Highway 71. Perfectly situated for residential or commercial development, this versatile parcel offers a wealth of potential for developers, investors or "off grid-ers," alike. This prime, *unrestricted* land is currently zoned for commercial use but can be rezoned for residential development. 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. Approximately 19 acres were previously in a floodplain. However, extensive work has been done, including the addition of fill dirt and a levy to mitigate future flood risks. The area is in the process of being graded to finalize this improvement. The property offers direct access from Roaring Springs Drive, Highway 71 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.
MLS# 8702716

Courtesy Of Levi Rodgers Real Estate

(210) 879-8220

Property Features

  • Architecture Style
    Other
  • Lot Size
    24.91 Acres
  • View Type
    Hills, Park

Map and Directions

Directions to 8737 W Highway 71, Austin, TX 78736

Home seller CENTURY 21 Randall Morris & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Randall Morris & Associates

(512) 353-1776
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $24,960
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $24,960

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Oak Hill Elementary School

Grades PK-5 Public School

Austin, TX 78735 2.3 miles
6101 patton ranch rd

734 total students
14:1 Student teacher ratio

School Rating: B-

School Details

Small Middle School

Grades 6-8 Public School

Austin, TX 78749 3.4 miles
4801 monterey oaks blvd

1181 total students
16:1 Student teacher ratio

School Rating: B+

School Details

Bowie High School

Grades 9-12 Public School

Austin, TX 78749 4.9 miles
4103 w slaughter ln

2886 total students
17:1 Student teacher ratio

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
Wonderwell 1.2 miles Private KG
Austin Waldorf School 1.6 miles Private PK-12
Gorzycki Middle School 2.5 miles Public 6-8 A+
St Andrews Episcopal School 2.8 miles Private 9-12
St Michael's Catholic Academy 2.9 miles Private 9-12
Mills Elementary School 2.9 miles Public PK-5 A
Austin Montessori School 3 miles Private PK-9
Regents School Of Austin 3.1 miles Private KG-12
St Gabriel's Catholic School 3.1 miles Private PK-8
Patton Elementary School 3.3 miles Public EE-5 B+
West Ridge Middle School 3.7 miles Public 6-8 A+
Primrose School Of Southwest Austin 3.7 miles Private PK-KG
Clayton Elementary School 3.9 miles Public KG-5 A
Barton Creek Elementary School 4 miles Public KG-5 A+
Kiker Elementary School 4.1 miles Public PK-5 A-
Lake Pointe Elementary School 4.4 miles Public PK-5 A+
Covington Middle School 4.5 miles Public 6-8 C
Boone Elementary School 4.6 miles Public EE-5 B-

Wonderwell

Distance: 1.2 miles

Type Private

Grades: KG

Austin Waldorf School

Distance: 1.6 miles

Type Private

Grades: PK-12

Gorzycki Middle School

Distance: 2.5 miles

Type Public

Grades: 6-8

A+

St Andrews Episcopal School

Distance: 2.8 miles

Type Private

Grades: 9-12

St Michael's Catholic Academy

Distance: 2.9 miles

Type Private

Grades: 9-12

Mills Elementary School

Distance: 2.9 miles

Type Public

Grades: PK-5

A

Austin Montessori School

Distance: 3 miles

Type Private

Grades: PK-9

Regents School Of Austin

Distance: 3.1 miles

Type Private

Grades: KG-12

St Gabriel's Catholic School

Distance: 3.1 miles

Type Private

Grades: PK-8

Patton Elementary School

Distance: 3.3 miles

Type Public

Grades: EE-5

B+

West Ridge Middle School

Distance: 3.7 miles

Type Public

Grades: 6-8

A+

Primrose School Of Southwest Austin

Distance: 3.7 miles

Type Private

Grades: PK-KG

Clayton Elementary School

Distance: 3.9 miles

Type Public

Grades: KG-5

A

Barton Creek Elementary School

Distance: 4 miles

Type Public

Grades: KG-5

A+

Kiker Elementary School

Distance: 4.1 miles

Type Public

Grades: PK-5

A-

Lake Pointe Elementary School

Distance: 4.4 miles

Type Public

Grades: PK-5

A+

Covington Middle School

Distance: 4.5 miles

Type Public

Grades: 6-8

C

Boone Elementary School

Distance: 4.6 miles

Type Public

Grades: EE-5

B-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Austin, TX 78736

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Austin, TX 78736

This community’s employment is highest in the administrative support and construction industries. The area’s overall household expenses are above the national average.

96° August
Hottest Average Month
37° January
Coldest Average Month
4,825 Total Households in Area
5.2% Increase in population since the year 2010
28.3%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Austin, TX 78736

Austin, TX 78736 has a population of 11,459 people in 4,825 households with a median age of 40.9 years old.

5.2%
Increase in population
since the year 2010
Population is Trending up
4,598
Total households as of 2010
6.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 72%
Hispanic 18%
Asian 6%
Other 5%
Black 2%
Native American <1%
The most prevalent ethnicity is White at 72%, followed by Hispanic at 18%, Asian at 6%, and Other at 5%.

Economics
for Austin, TX 78736

526 /sq mi
Population Density
$101,596 /yr
Median Household Income
$296,875
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.57% of the households.

Transportation to Work

  • Drive 74%
  • Work from Home 25%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 3,320 65%
Rented 1,506 30%
Vacant 262 5%

White vs Blue Collar Jobs







White Collar 90%
Blue Collar 10%

Family & Education Facts
for Austin, TX 78736

40.9 Median Age

Average Household Size

2.4
persons per
household

55.4%

Married Households

Community Population By Education

Bachelors Degree 41%
Some College 20%
Graduate Degree 16%
High School Graduate 14%
Associates Degree 7%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 41.02% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.3% of households have children

Weather
for Austin, TX 78736

The weather for this area ranges from a high of 96° F in August to a low of 37° F in January

96° August
Hottest Average Month
37° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
37°
61°
Feb
40°
64°
Mar
47°
72°
Apr
55°
80°
May
63°
86°
Jun
69°
91°
Jul
71°
95°
Aug
71°
96°
Sep
66°
90°
Oct
56°
81°
Nov
46°
70°
Dec
39°
62°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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