Cody Maxwell
Capitol Ranch Real Estate, LLC
This offering consists of approximately +/- 13 acres located in Travis County, within the City of Mustang Ridge, featuring strong Tollway 130/Highway 183 frontage and excellent overall accessibility. The combined offering of MLS #4732584 (listed at $5,580,000) and MLS #1947938 (listed at $1,491,930) creates a highly visible and well positioned corner development opportunity totaling approximately +/- 13 acres if acquired together. Each parcel may be purchased individually or together, offering flexibility for a range of development strategies.
The property provides three access points, including frontage along Tollway 130/Highway 183 and additional access from Lone Star Drive, allowing flexibility for site planning, circulation, and phased development.
The tract is currently zoned AG/Open Space and is not located within a flood zone, enhancing its appeal for future development. Initial discussions have begun with the City of Mustang Ridge, and the city has expressed openness to creative conversations regarding development concepts for this site.
With high visibility along a major transportation corridor and substantial acreage, this property is well positioned for larger scale commercial, mixed use, multi-family residential, or multi phase development. The size and configuration allow for retail and restaurant components as part of a broader development plan.
Located in a rapidly growing area south of Austin, this site presents a strong opportunity for developers seeking scale, frontage, and long term growth potential along the Tollway 130/Highway 183 corridor.
Directions: From SH-130, take exit 460 toward Old Lockhart Rd. Turn left onto E Lone Star Dr and the property will be on your right with access from E Lone Star Dr and Hwy 183. From North bound 130, take exit 463 toward SH-21 & Old Lockhart Rd. Remain on access road for 2 miles and property will be on your right.
Cody Maxwell
Capitol Ranch Real Estate, LLC
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Listed By: Faith Staires of Re/max Fine Properties - (512) 426-3115