11 months on rocket

8700 SW Pkwy Unit 1, Austin, TX, 78735

$5,000,000

10.86 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
WaterfrontNone
ViewCity, Park, Golf Course, Hills, Panoramic
MLS #2214207
Lot Size10.86 Acres
StatusActive

About 8700 SW Pkwy Unit 1

Unparalleled potential to build a private estate on your own hilltop that blurs city life with hill country tranquility. Find yourself above the noise in a peaceful setting in a class of its own, just 10 minutes to Downtown Austin and gently sloping down to the adjacent Barton Creek Fazio Canyons golf course. There is additional optionality to build a second estate as the property is legally divided into two tracts, each with utilities available. Property is in an ETJ with ultra low 1.5572% tax rate! Utilities available, please contact listing agent for details.

Property Details

Property Features

Listing Office:

  • Office Name: MoveGroove
  • Office Phone: (713) 304-7474
  • Listing Agent: Alex Bartram

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: City, Park, Golf Course, Hills, Panoramic

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Native Plants, Private, Many Trees, Views
  • Lot Size: 10.86 Acres

School Info

Assigned Schools Information:

  • Austin High School, Public District Grades 9-12
  • O. Henry Middle School, Public District Grades 6-8
  • Oak Hill Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Mopac head West on Southwest Parkway, property is on the right just past Amarra Drive - look for the For Sale sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

8700 SW Pkwy Unit 1 vs Austin

344 DAYS ON ROCKET

+298 Days

$5,000,000

+$4.4M More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #2214207

Listing Office:

  • Office Name: MoveGroove
  • Office Phone: (713) 304-7474
  • Listing Agent: Alex Bartram

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/16/2024, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2443905
5
/10
  • Oak Hill Elementary School

  • 6101 Patton Ranch Rd

  • 2.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2443906
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 6.98 miles

  • Public District Grades 6-8

High School

school-card-donut-2443907
6
/10
  • Austin High School

  • 1715 W Cesar Chavez St

  • 7.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $207,497. Residents of Austin, TX typically earn $200k+ each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8700 SW Pkwy Unit 1

What is the listing price of this property?

The listing price of 8700 SW Pkwy Unit 1 property is $5,000,000.

What type of property is this?

The property 8700 SW Pkwy Unit 1 is land located in Austin, Texas, 78735.

Is this property for sale now?

Active Listing: 8700 SW Pkwy Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8700 SW Pkwy Unit 1 are:
Oak Hill Elementary School: GreatSchools Rating 5/10
O. Henry Middle School: GreatSchools Rating 5/10
Austin High School: GreatSchools Rating 6/10

How much acreage is this property?

The property 8700 SW Pkwy Unit 1 is 10.86 acres.
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Rocket HomesTexasTravis CountyAustin787358700 SW Pkwy Unit 1

This home is located at 8700 SW Pkwy Unit 1 in Austin, TX and zip code 78735 in the West neighborhood. This home sits on a 10.86 acre lot. It has been listed on Rocket Homes since June 07, 2023 and is currently priced at $5,000,000.

In April 2024, from all listings sold in Austin, TX there were more than 195 sold above asking price, over 571 sold below and more than 158 were sold right at the asked price. Between March 2024 and April 2024, Austin, TX real estate market has seen increase in the number of listings by 18.7%. Listings spent 46 days on the market in April 2024, and had a median list price of $568,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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