1507 E Highway 71, Austin, TX 78742
OFF MARKET

1507 E Highway 71
Austin, TX 78742

  • 1 Bed
  • 1 Bath
  • 39,204 sqft
1 Bed
1 Bath
39,204 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

INVESTMENT HIGHLIGHTS

Central location close to Austin Airport and Downtown Austin.
Attractive buildable lot with natural boundaries of trees.
EXECUTIVE SUMMARY

Outstanding investment opportunity with a great location. The lot is under 5 mins to the Airport Terminals. The Tesla gigafactory is under 15 mins and travel to downtown Austin is 15 mins or less. The occupancy rate for the planned 10 unit hotel should be high as are all the Airport hotels. The current owner has invested heavily in civil engineering, landscape design, and planning for future traffic flow and parking. The submitted site plan allows for a lucrative use of the lot(estimated 10 unit hotel annual revenue of $250k+). However, the purchase of the lot at this stage still allows much flexibility for a new owner to modify plans to suit the new owners preferences. Only serious inquiries from real estate agents please. Due to the ongoing investment in this property, the price is likely to be adjusted upwards as more is invested. This lot represents a tremendous value to a buyer since over $300,000 has already been spent/committed to development of this lot. The Price per Acre is only $1.5M for this lot factoring in the development already in process and this is below comps for the surrounding properties (avg Price per Acre of $1.8M). All receipts and documentation for development of this lot are available on request. When approved, the Site Plan is transferable to the new owner along with the current development plans.

Outstanding investment opportunity with a great location.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 19, 2024

Home Highlights

Parking
Attached Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1507 E Highway 71

Interior Features

Heating & Cooling
Heating: Wall FurnaceAir ConditioningCooling System: Central Air, Wall UnitHeating Fuel: Wall Furnace
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Rent to OwnAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
Parking: Attached Off Street, On Site

Price History for 1507 E Highway 71

DatePriceEventSource
10/19/2024$3,200ListingRemovedZillow Rentals
10/03/2024$3,200Listed For RentZillow Rentals
06/07/2024ListingRemovedZillow Rentals
05/17/2024$111Listed For RentZillow Rentals

Market trends in Austin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$555K
$14.2KMoM
Sale-to-List Price
97.8%
0.3%MoM
Price per sq ft
$294
$1MoM
Available listings
5593
254MoM
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Homeowner tools

Estimated monthly rent$1,233/mo
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Homes for rent near 1507 E Highway 71

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Comparable Sales for 1507 E Highway 71

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7620 Cayenne Ln, Austin, TX
0.89
Single-Family Home
-
02/27/26
3
2
1,586
7628 Cayenne Ln, Austin, TX
0.87
Single-Family Home
-
11/17/25
4
2
1,586
6908 Villita Cv, Austin, TX
1.00
Single-Family Home
-
03/23/26
3
2
1,186
1517 Anise Dr, Austin, TX
1.01
Single-Family Home
-
03/16/26
3
2
1,203
2005 Maxwell Ln #A, Austin, TX
1.28
Single-Family Home
-
08/07/25
3
1
1,056
6412 Circulo De Amistad, Austin, TX
1.36
Single-Family Home
-
07/01/25
3
1
1,065
6706 Cruz St, Austin, TX
1.22
Single-Family Home
-
03/10/26
1
892
7221 Cayenne Ln, Austin, TX
1.07
Single-Family Home
-
07/24/25
2
1,217
6800 Idea Rd, Austin, TX
1.30
Single-Family Home
-
07/10/25
3
2.5
1,956
800 Vargas Rd, Austin, TX
1.30
Single-Family Home
-
01/14/26
1
1,138
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 1507 E Highway 71.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Austin

At least 6448 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 82 % Say car is needed

  • 77 % Say parking is easy

  • 75 % Say there are sidewalks

  • 68 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 65 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 58 % Say kids play outside

  • 52 % Say streets are well-lit

  • 51 % Say it's walkable to restaurants

  • 51 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Adriana
    "A solid, unpretentious neighborhood where people genuinely look out for each other. It feels safe enough that early morning solo runs before sunrise are no big deal, and you’ll often cross paths with neighbors walking their dogs. Kids play outside, which says a lot about a place. It’s quiet and green, with mature trees that give it a settled, established feel. For all that calm, you’re still just minutes from downtown Austin and the shops and restaurants at Mueller. Commuters will appreciate the easy access to major freeways — it’s one of those rare spots where you get peaceful streets without sacrificing convenience. I’ve lived here for 9 years."
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  • Trulia User
    "Neighbors actually look out for each other - the kind of place where someone sets out seeds and dried plants for anyone who wants them. Kids play outside, and people say hello when they pass. It’s a good spot to call home."
    0
    Flag
  • Trulia User
    "Convenient and easy to commute to and from, close to downtown and the lake. Easy shopping and some restaurants close."
    0
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  • Niyiriss
    "I have lived in this neighborhood for over 3 years and I love it here. We are a family of 5 and I have kids, all my family loves it here."
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  • Diana Figueroa
    "Lots of families and dog walkers. Close to lots of shopping centers and grocery stores. Good schools nearby. Houses are a little pricey."
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  • Ashlynncoffee
    "We have such friendly & caring neighbors! People with children who love to garden & care for animals. Always saying hello and asking if we need anything. It’s a great place to live!"
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  • Anne Marie Ioliver
    "It is very quiet in Pflugerville. It is very peaceful here. I enjoy walking in the parks and by Lake Pflugerville."
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  • Klsbean
    "My son and family have lived in Brentwood for over 10 years. This neighborhood is fabulous, a real sense of community. My grandsons go to the elementary school and they love it. "
    0
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  • Katherine Tarr
    "Wonderview Preschool is an excellent preschool. This neighborhood is filled with families, walking there, dogs, and pushing strollers. It’s just a fun place to be."
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  • Sharptopbear
    "Waste stations provided and serviced by HOA. Low traffic area with sidewalks. Friendly neighbors……."
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  • JLMB
    "A close to key conveniences- grocery, pharmacy , clothes shopping , library. etc. Good walking but no dry cleaner, bank etc. Quality Public transportation is lacking . This is not a real traditional large city . It is a sunbelt city grafted in to an older smaller community ."
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  • Rhemnaq
    "The neighborhood kids seem to love it I saw a few of them playing on the block safely and the other parents seem to be very attentive "
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  • Jake Finsta
    "There is a high school next door and the neighborhood is always very lively. Not a ton of specific events that are thrown, but great city "
    0
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  • Daniel.becka
    "Lots of dogs in the neighborhood, walking and running. Lots of green space for them to explore. Very pet friendly. "
    1
    Flag
  • Chad Yokum
    "This neighborhood is not near public transportation. During peak hours, 7:30am-9am and 3:45-6:30 it can take 45-50 minutes to get downtown. It’s just 20 minutes when traffic is flowing. "
    1
    Flag
  • Crystal Sheffield
    "I live in this area commute to work, no problems and privacy. Apartment is very attentive to service calls. "
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  • Karina Mendoza
    "Super close to the freeway and honestly tucked away so hardly any traffic ever and I love it and would definitely recommend the area. The only downside is is sometimes the homeless population gets a little out of control and can be quite aggressive. They also dumpster dive very frequently, but for the most part, they are really nice and respectful."
    1
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  • Crystal Sheffield
    "Not a bad neighborhood, there are kids for couples with children. I haven’t had any packages stolen. Or maintenance problems."
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  • Shery Abbassi
    "Aggressive dogs not on leash and owners making you feel like it’s your fault an your dogs issue and they are entitled "
    0
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  • Unspecified
    "It’s family friendly and plenty of things to do for all ages. Many restaurants to choose from and lots of choices for retail shopping and grocery shopping. "
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  • Vivian Balderas
    "Food truck really close walkable distance to anything and everything. Friendly neighborhood. I’ve met half the people on my block. A lot of people walk their dogs. It’s a family friendly neighborhood. I see the neighbors walking with their children and their families are comfortable visiting them here in this neighborhood. I feel safe in this neighborhood. It’s a quiet neighborhood. There’s the capital Metro rail and it’s not loud. It’s Neighbourhood friendly. I recently had a tree farm in my yard and someone visiting a neighbor on my block, called the police department for me and notified me right away during the storm."
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  • Colleen Kerstein
    "Highpointe of Dripping Springs is a great family development.There are schools and shopping nearby. "
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  • Raychen2
    "A lot of churches within walking distance. And a very safe community with primary school within walking distance. It has a community park within walking distance, a very friendly neighborhood."
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  • Masters.smh
    "Large homes and lots with quiet streets. 15 minutes to downtown! Lots of trees and cul de sacs. We love our neighborhood! "
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  • Chadyokum
    "Nice, has all shopping, nice homes, trees, everything you need. Great schools too. Tons of families and kids run free in our hood. "
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  • Katy Glazebrook
    "Good during off season of school. Not great once school in session as there is really only one way in and out to here."
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  • Jenniemgloyd
    "Tons of ppl walking dogs. Very dog friendly. Lots of poop stations. People and dogs friendly. Clean parks. "
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  • Carol Higgins
    "Pet friendly, quiet and clean Safe area and well lit, stable neighborhood Walking is easy and close to a park "
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  • Angela D. Jenkins-bey
    "Parks close by. Futsal court at high school. Bike to mueller. Close to everything. Bus access is good. "
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  • Kate.mettam
    "Commute once a week to the airport and it’s a very quick drive cutting under the main congestion of the city. "
    2
    Flag
  • Kait
    "I live 40 minutes away from downtown Austin, and have to drive. Traffic can make the drive longer. There is no public transportation that would get me from my neighborhood near Lake Travis to downtown."
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  • Wcmargiotta
    " I live in Austin for 33 years and love being here wouldn’t ever think about living any anywhere else in state."
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  • Kate.mettam
    "Suburbs in the city! Great place to raise a family while having access to city life. Very grateful to live here. "
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  • Rdvnv4mn5n
    "Community events in many different areas around Lake Travis such as art and craft fairs, farmers markets, concerts, etc"
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  • Manoj.vastrad
    "Quiet and tree lined. Not crowded but easy access to amenities. Close to shopping, restaurants, grocery, movie theatre. "
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  • Khonnick
    "This is a dog loving neighborhood. Most of my neighbors have dogs. People seem to take good care of their pets and clean up after them properly. "
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  • Cliff Tayliam
    "I do no know . People walk their dogs no problem. The dogs are friendly. Totally normal and safe. People also pick up after their dogs"
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  • 5x55p2mjff
    "a dog park and no gates to keep dogs from running in the street and we need back yards there is no privacy "
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  • Heather N.
    "Galindo is very community oriented. We often have block parties and neighborhood get togethers. The neighborhood association is very active as well."
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  • Patrick Kasch
    "Food truck nights, egg hunts, Santa visits. A lot of fun stuff for the whole family. Could use more restaurants and family establishments. "
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Homes for sale near 1507 E Highway 71

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Off Market Homes Near 1507 E Highway 71

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1507 E Highway 71, Austin, TX 78742 is a 1 bedroom, 1 bathroom, 39,204 sqft single-family home. This property is not currently available for sale.