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Keenan Group#1 Austin Board of Realtors Team 2024
16409 Summit DR, photo 1 of 19, Austin, Austin, TX
Active

$699,900

0Beds
1.01 acresLot

16409 Summit Dr, Austin, TX 78728

Reduced 7%$749,300
Austin·MLS# 4834815·Built 2025·50 days on market

— bed, — bath on 1.01 acres in Austin. Austin, TX 78728. $699,900.

About This Home

This hard corner tract provides excellent ingress and egress—perfect for Industrial Outside Storage (IOS), for investors, developers, business owners, or residents looking for a central and convenient location to build on. Given its mixed-use City of Austin ETJ zoning, this lot offers a wide range of potential uses.

Strategically located with excellent accessibility, the property provides quick and convenient connections to major highways, including Mopac, the SH-45 Toll, and I-35. It is only a short drive to the Austin Tech Corridor, with the Dell and Apple campuses nearby, along with endless dining and shopping options at La Frontera and The Domain.

Water and electricity are already available at the site. The booming City of Austin offers a thriving economy, a vibrant cultural scene, and an excellent quality of life, making it an ideal location for any development—commercial or residential. Ready to break ground on your next big investment? Visit the site today and submit your offer.

Property Type
Commercial Sale
Year Built
2025
Lot Size
1.01 acres

Listing information last updated September 30, 2026.

Listed by Olivos Group

MLS# 4834815 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

New construction completed in 2025
Generous 1.01-acre lot
Given its mixed-use City of Austin ETJ zoning, this lot offers a wide range of potential uses
Water and electricity are already available at the site
Ready to break ground on your next big investment? Visit the site today and submit your offer.

Facts & Features

Exterior & Lot
Lot Size
1.01 Acres
0
Financial
Original List Price
$749,300
Utilities
  • Electricity Available
  • Water Available
Water Source
Public

Transaction History

5 records on file

Every recorded listing, sale, and lease at 16409 Summit DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $6,495Original list: $6,495MLS 9094280
    1. Listed · August 26, 2026$6,495
  2. ActiveListed 2026
    Current price: $699,900Original list: $749,300MLS 4834815
    1. Listed · August 26, 2026$749,300
    2. Price changed · September 30, 2026$699,900
  3. ExpiredListed 2025
    Current price: $5,995Original list: $6,935MLS 4364929
  4. ExpiredListed 2025
    Current price: $888,300Original list: $888,300MLS 3530819
  5. ExpiredListed 2025
    Current price: $794,700Original list: $888,300MLS 1599653
    1. Price changed · January 7, 2026$799,400
    2. Price changed · February 20, 2026$794,700

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.

View Timeline
Current list
$699,900
Original list
$749,300
Price movement
$49.4K reduction
Listed / DOM
Aug 26, 2026 · 50 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$347,708
Assessment Year
2025
Parcel ID
000000280880
$964K
$193K
$193,298
2022
$964,241
+398.8% from prev
2023
$250,000
-74.1% from prev
2024
$347,708
+39.1% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+39.1%
—$347,708——
2024-74.1%
—$250,000$75,000—
2023+398.8%
—$964,241$75,000$889,241
2022
—$193,298$75,000$889,241
5-Year Change79.9%
Map showing 16409 Summit DR
16409 Summit DR
Directions

District Schools Nearby

Round Rock ISD →

6 High Schools

McNeil High School

High SchoolDistrict context

Rrisd Early College High School

High SchoolDistrict context

Westwood High School

High SchoolGrades 9-12District context
2.5 mi away

Cedar Ridge High School

High SchoolDistrict context

Stony Point High School

High SchoolDistrict context

Round Rock High School

High SchoolGrades 9-12District context
5.0 mi away

District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$3,877

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($140K)

Adjustable assumption - not a lending recommendation.

$699,900

Loan: $560K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$699,900

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

50 days

Original to current

$49.4K reduction

$749.3K 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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Frequently Asked Questions

How much is 16409 Summit Dr?

16409 Summit Dr is listed at $699,900 with 0 bedrooms, 1.01-acre lot. This places it above the ZIP 78728 single-family closed-sale median price of $415,000 (ZIP 78728 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What are the property details for 16409 Summit Dr?

16409 Summit Dr is a Commercial Sale built in 2025 featuring 0 bedrooms, 1.01-acre lot.

What are the property taxes for 16409 Summit Dr?

The most recent annual property tax for 16409 Summit Dr is $5,611. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 16409 Summit Dr?

This page does not assume a mortgage rate or publish a monthly payment for 16409 Summit Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 16409 Summit Dr compare with other homes in Austin?

As of Oct 15, 2026, 16409 Summit Dr is offered at $699,900. The current MLS snapshot shows 36 active listings in 78728. Keenan Group has completed 4 verified transactions in 78728 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 10:32:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 10:32:01 AM

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