— bed, — bath on 4.09 acres in Cedar Creek. Cedar Creek, TX 78612. $1,195,000.
About This Home
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.
The core value here is frontage and scale. At 120 Leisure Ln in Cedar Creek, this 4.09-acre corner tract sits directly along Highway 21 in Cedar Creek, giving it the kind of visibility and access that drives commercial use decisions in fast-moving corridors.
Priced at $1.30M, the property is positioned as a mixed-use commercial sale in Bastrop County, with a 2016 improvement already in place and enough land to support a range of future outcomes. The address matters because corner exposure on a highway corridor changes how a site performs over time. It improves access, strengthens signage potential, and gives an owner or investor more flexibility as surrounding growth fills in. That is especially relevant in Cedar Creek, where the corridor between Bastrop and Austin continues to draw new traffic, business activity, and service demand.
The development story around this site is grounded in real infrastructure and employment drivers. Highway 21 is seeing expansion through TxDOT’s widening work, and reported traffic volumes of roughly 16,000 vehicles per day give this location a measurable audience. The property also sits near major regional anchors including the EdgeConneX data center campus, a $440 million investment, and Hyatt Lost Pines Resort. Those are not lifestyle talking points. They are practical indicators of sustained economic activity, workforce movement, and the kind of surrounding demand that supports retail, office, industrial, and mixed-use uses.
Another important factor is flexibility. The remarks indicate minimal or flexible zoning in the area, which can materially widen the buyer pool and reduce friction when evaluating use cases. For commercial land, that matters as much as location. A site with acreage, highway frontage, corner positioning, and fewer use constraints holds a different risk profile than a smaller parcel with tighter limitations.
Days on market at 207 suggests this is not a commodity listing and should be evaluated through a land and corridor lens rather than by conventional residential timing. Buyers looking at Cedar Creek are often underwriting what the corridor becomes, not just what it is today. 120 Leisure Ln stands out because it combines 4.09 acres, Highway 21 exposure, and a location tied to real infrastructure and employment growth, which gives it credible long-term positioning for commercial development or owner-user expansion.
The numbers behind this insight
- Offered at
- $1,195,000
- Listed
- August 21, 2025
- Price changes
- Reduced, down 10.8% from $1,340,000
- Property Type
- Commercial Sale
- Year Built
- 2016
- Lot Size
- 4.09 acres
Listing information last updated August 6, 2026.
Listed by Keller Williams - Lake Travis
MLS# 5643335 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Laminate
- Tile
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Frame
- Slab
- Lot Size
- 4.09 Acres
- Additional Parking
- Attached
- Carport
- Door-Single
- Driveway
- Garage
- Garage Faces Front
- Gated
Financial
- Original List Price
- $1,340,000
Utilities
- Above Ground
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 120 Leisure LN, whoever represented it.
- ActiveListed 2025Current price: $1,195,000Original list: $1,340,000MLS 5643335
- Price changed · March 23, 2026$1,195,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,195,000
- Original list
- $1,340,000
- Price movement
- $145K reduction
- Listed / DOM
- Aug 21, 2025 · 427 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($239K)
Adjustable assumption - not a lending recommendation.
$1,195,000
Luxury property intelligence
Keenan Market Position
A sourced read on Cedar Creek pricing, timing, and property scale. No automated valuation claim.
List price
$1,195,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
427 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 Oct 15, 2026.
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