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15314 W Hwy 71
Bee Cave, TX 78738

Mixed Use Development Site · Land For Sale · 18.00 AC

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Investment Highlights

$1,087,000 average single family home sale price (YTD) within a ten-mile radius; average for five-mile radius $1,158,000
66,500 Households within a ten-mile radius / 174,000 Redidents within a ten-mile radius
900 FT of Hwy frontage for mixed use

$532,000 average multi-family house sale price (YTD) within ten-mile radius; average for five-mile radius $560,000
Significant shortage of multifamily housing within a ten-mile radius / Significant short

Executive Summary

The property is ideally situated amongst some of the wealthiest and fastest growing communities in the Hill Country, including the Preserve at Barton Creek, Spanish Oaks, Spring Creek Estates, Signal Hill, Madrone Canyon, Belvedere, The Hills of Lakeway, and many more. This development site sits incredibly close to countless shopping, dining, medical, educational, and recreational amenities. The Hill Country Galleria, Shops at the Galleria, Lohman’s Crossing, Oak at
Lakeway, Barton Creek Resort and Spa, Lakeway Resort and Spa, Baylor Scott & White Medical Center, Whole Foods, seven public and private schools, six parks, and nine separate golf courses are all within a fifteen-minute drive of the Property.

PROPERTY FACTS Under Contract

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Mixed Use
Property Type	Land	Total Lot Size	18.00 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use
Total Lot Size	18.00 AC

1 Lot Available

Lot

Lot Size	18.00 AC

Lot Size	18.00 AC

The site is incredibly well suited for mixed use development with very limited elevation change and approximately 900 feet of unobstructed highway 71 frontage. The property’s depth, ranging from roughly 690 to 990 feet, and development height allow

Description

Dynamic fee simple eighteen-acre (18.38) mixed use development opportunity nestled in the gently rolling hills of Bee Cave. The property is currently the largest multi-acre development site available on the highway 71 corridor in the Bee Cave / Austin Hill Country area. The recent amendments to the City of Bee Cave’s development code allow for a mixed-use development comprising more than 237,000 SF after parking.

PROPERTY TAXES

Parcel Numbers	Multiple 797184 797183	Improvements Assessment	£0
Land Assessment	£3,069,180	Total Assessment	£3,069,180

PROPERTY TAXES

Parcel Numbers

Multiple

797184
797183

Land Assessment

£3,069,180

Improvements Assessment

£0

Total Assessment

£3,069,180

zoning

Zoning Code	Neighborhood Mixed-Use (Neighborhood Mixed-Use)
Neighborhood Mixed-Use (Neighborhood Mixed-Use)

Listing ID: 26537559
Date on Market: 01/09/2022
Last Updated:
Address: 15314 W Hwy 71, Bee Cave, TX 78738

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