See Home Value
$4,500,000
● Land - Off Market

8737 W Highway 71

Austin, TX 78736
bedrooms
Studio
bathrooms
0 Bath
$22,096
Est. Monthly

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.
Unit Size
-
Days on Market
-
Land Size
24.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 3 months ago (Unlock MLS #ACT8702716)

Price History

Date / Event Date Event Price
Jul 18, 2026 In contract -
In contract
Jun 27, 2026 Relisted $4,500,000
Relisted
Jan 7, 2026 In contract -
In contract
Aug 9, 2025 Price Decreased $3,500,000
↓ $750K (17.7%)
Price Decreased
Apr 11, 2025 Price Decreased $4,250,000
↓ $600K (12.4%)
Price Decreased
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Property Highlights

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Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Hill


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Frequently Asked Questions

When was property at 8737 West 71 built and last sold?
The property at 8737 West 71 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8737 West 71 is $5,050,000.
What are some comparable homes to 8737 West 71?
There are currently no comparable homes to 8737 West 71.