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SALE PENDING
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$3,500,000

8737 W Highway 71, Austin, TX 78736

5

beds

3

baths

24.91

acres

Estimated Mortgage: $20,536/moGet Prequalified
See Remarks

About This Home

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.

Listings checked every few minutes. MLS# 9660149 was Last Updated: 01-06-2026.

Listed by Erin Stephens, Levi Rodgers Real Estate Group (737) 397-5932

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's 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 deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the West Oak Hill neighborhood like?

West Oak Hill is a 706-home neighborhood in southwest Austin located 8-12 miles from downtown via US-290 and TX-71 highways, offering a diverse community with approximately 26,849 residents. The area centers around major corridors and offers median home prices of $611,825 to $630,000 with properties typically selling within 30-60 days on the market. The neighborhood blends single-family homes with newer construction and established resale inventory ranging from $250,000 for entry-level homes to $650,000 for standard single-family properties, with some New Traditional style homes reaching up to $2 million. Two-story and ranch-style homes feature Texas limestone and metal roofs with Heritage Oak tree canopies providing character and shade. The neighborhood maintains spacious backyards and property layouts typical of established Austin communities. Regarding education levels among residents, 26% hold Master's degrees or higher, 37% have Bachelor's degrees, 19% have some college or associate degrees, 12% have high school diplomas, and 6% have less than high school education, reflecting an educated, professional community.

Explore West Oak Hill

What employers are near 8737 W Highway 71?

  • AMD (Semiconductors)
  • Target (Retail)
  • Walmart (Retail)

How does this property compare to others in West Oak Hill?

8737 W Highway 71 is listed at $3.5M vs. the $645K median in West Oak Hill. Homes in West Oak Hill average 33 days on market.

MetricWest Oak Hill
Median List Price$645K
Median Sold Price$598K
Average Days on Market33
Average Price per Sqft$289
Active Listings45

Market data as of May 2026.

Frequently Asked Questions

How much is 8737 W Highway 71?

8737 W Highway 71 is listed for $3,500,000. It features 5 bedrooms, 3 bathrooms, 24.913 acres.

What neighborhood is 8737 W Highway 71 in?

8737 W Highway 71 is located in the West Oak Hill neighborhood of Austin, Texas.

How does 8737 W Highway 71 compare to other homes in West Oak Hill?

The asking price of $3,500,000 is 442.6% higher than the median home price of $645K in West Oak Hill.

What are the details of 8737 W Highway 71?

8737 W Highway 71 sits on 24.913 acres of land, and is a see remarks style home.