— bed, — bath on 84.00 acres in Del Valle. Del Valle, TX 78617. $4,620,000. Del Valle ISD.
About This Home
80 acre tract available for development with an additional 4+/- acres for a 35' wide road with access from Richards Drive to the acreage. Adjacent to Austin Surf Development with many potential opportunities! Approximately 19 acres lie within the floodplain. Location Highlights • Off Highway 71 East — easy access to Austin, Bastrop, and the airport corridor, Within Austin’s 2-mile ETJ and an Opportunity Zone, adding tax-advantaged appeal. Just minutes from major regional growth anchors: Tesla Gigafactory, COTA, SpaceX-Tesla Velocity ATX, ABIA Property Overview: 84± total acres consisting of two contiguous 40±-acre tracts, plus a 4±-acre access strip from Richards Drive/Hwy 71. Fairly flat, cleared, and mostly fenced, Ag Exempt, with multiple potential building sites, seasonal tributary. Ideal canvas for mixed-use, residential, commercial, mixed-use, campus, recreational, or resort-style development . The adjacent Austin Surf Club Venture by Discovery Land Company will feature: “A 2,200-foot surf basin with cutting-edge wave technology, farm-to-table dining, luxury wellness amenities, and private residences — redefining residential adventure and connection.” Your property offers the perfect complement for: Boutique resort or eco-retreat, High-end housing or villas, Golf course (not included in Surf Club plans), Supporting retail, dining, or event spaces. Key Investment Advantages- Opportunity Zone benefits for long-term investors; Ag exemption reduces carrying costs; Rapid regional growth fueled by airport expansion and COTA/Tesla corridor; Potential for future infrastructure extensions from adjacent development An additional contiguous 149.75 acres is also available, offering a rare opportunity to assemble a significantly larger footprint – see agent for details. Information deemed reliable but not guaranteed. Buyers to verify all data & measurements
Eighty-four acres of cleared land stretching across the Del Valle subdivision in Del Valle, Texas represents one of the rare undeveloped canvases remaining within Austin's expanding eastern corridor. This is raw potential set against an open horizon where the landscape itself becomes the defining feature of ownership.
The property sits on gentle slopes with cleared acreage that reads as an invitation rather than a constraint. Richards Drive provides direct access from Highway 71 East, positioning this Del Valle holding minutes from the Tesla Gigafactory, COTA, and the Austin-Bergstrom International Airport corridor. The land itself comprises two contiguous 40-acre tracts plus an additional 4-acre access strip, with approximately 19 acres sitting within the floodplain and the remainder ready for development. Most of the acreage is already fenced and predominantly ag exempt, reducing carrying costs while the property exists in a holding pattern between its current use and future purpose.
What makes this horizon line particularly compelling is proximity to Discovery Land Company's Austin Surf Club development on the adjacent property. That 2,200-foot surf basin with wave technology and luxury wellness amenities sits just across the fence line, creating an ecosystem of high-end hospitality infrastructure already under construction. Your 84 acres become the natural extension of that vision, whether envisioned as boutique resort space, villa communities, golf course development, or complementary dining and event venues.
The location itself carries strategic advantages beyond raw acreage. Sitting within Austin's two-mile ETJ and designated as an Opportunity Zone, the land qualifies for tax-advantaged long-term investment structures. Highway 71 East connects directly to Bastrop, the airport, and downtown Austin, collapsing distance in ways that older Austin neighborhoods cannot match. Del Valle ISD serves the area through Popham Elementary, Del Valle Middle, and Del Valle High School.
This is not a property for someone seeking an immediate structure or turnkey solution. This is land for developers, investors, and visionaries who understand that 84 acres of cleared, accessible, strategically-positioned terrain in an emerging corridor represents something increasingly scarce in the Austin metro. The floorplan is whatever you design it to be. The view is sky and possibility.
The numbers behind this insight
- Offered at
- $4,620,000
- Listed
- April 16, 2026
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $731 per sq ft over the trailing 12 months (176 sales), as of November 5, 2026.
- Property Type
- Land
- Lot Size
- 84.00 acres
Listing information last updated April 16, 2026.
Listed by PERSPECTIVE PROPERTIES
MLS# 7718877 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cleared
- Flag Lot
- Gentle Sloping
- Interior Lot
- Barbed Wire
- Fenced
- Lot Size
- 84.00 Acres
Financial
- Original List Price
- $4,620,000
Utilities
- Electricity Available
- Water Available
- Water Source
- Private
- Sewer
- Septic Needed
Transaction History
3 records on file
Every recorded listing, sale, and lease at 16001 Richards Dr, whoever represented it.
- ActiveListed 2026Current price: $4,620,000Original list: $4,620,000MLS 7718877
- Listed · April 16, 2026$4,620,000
- ActiveListed 2025Current price: $4,620,000Original list: $5,418,000MLS 3670639
- Price changed · April 17, 2026$4,620,000
- ExpiredListed 2023Current price: $5,048,970Original list: $5,048,970MLS 3570403
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $4,620,000
- Original list
- $4,620,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 16, 2026 · 203 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $373,870
- Assessment Year
- 2025
- Year Built
- 1984
- Parcel ID
- 000000297618
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+44.8% | — | $373,870 | — | — |
2024+7.4% | — | $258,176 | $25,467 | $164,004 |
2023+25.1% | — | $240,341 | $8,500 | $249,676 |
2022+60.8% | — | $192,083 | $8,500 | $231,841 |
2021 | — | $119,479 | $4,740 | $187,343 |
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Zoned Schools
Del Valle ISD
Del Valle
Del Valle
Popham
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($924K)
Adjustable assumption - not a lending recommendation.
Home price
$4,620,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Del Valle pricing, timing, and property scale. No automated valuation claim.
List price
$4,620,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
203 days
Original to current
No verified reduction
$4.6M 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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