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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Corner Lot with Commercial Development Potential
Situated on approximately 4 acres with direct frontage along Highway 21, this corner lot on Leisure Lane / 416 W Hwy 21 in Cedar Creek offers exceptional visibility and flexibility for commercial development. The property lies in a high-growth corridor between Bastrop and Austin, benefiting from TxDOT’s ongoing highway widening project and increased traffic volumes of approximately 16,000 vehicles per day. It is located near major economic drivers such as the $440 million EdgeConneX data center campus and the Hyatt Lost Pines Resort. Zoning in the area is minimal or flexible, opening the door for retail, office, industrial, or mixed-use development. Nearby recreational anchors and residential growth further support demand for supporting services and commercial amenities. With easy access to SH-71 and regional infrastructure, this property represents a prime opportunity for an investor or owner-user seeking scalable potential in a fast-developing area.
Property Type
Commercial Sale
Year Built
2016
Lot Size
4.09 acres
Garage
4 spaces
Listed by Keller Williams - Lake Travis
Verified property facts
120 Leisure Ln is listed at $1,195,000 with 0 bedrooms, 4.09-acre lot. This places it above the 78612 median of $672,499.
120 Leisure Ln is a Commercial Sale built in 2016 featuring 0 bedrooms, 4.09-acre lot.
120 Leisure Ln is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($239,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 120 Leisure Ln is around $8,391 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,195,000, 120 Leisure Ln is in the Rolling Oaks market where there are currently 82 active listings in 78612.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
Listing timeline with current price, original ask, and market time.
20% ($239K)
$1,195,000
Luxury property intelligence
A sourced read on Rolling Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$1,195,000
Price per sqft
Not available
Vs. Rolling Oaks median
Not available
Days on market
284 days
Original to current
$145K reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
120 Leisure Ln was built in 2016, making it 10 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Rolling Oaks
Active listings near 120 Leisure Ln
Recent sales for market context
