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$550,000
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5 Acres with 170’ of FM 487 Frontage | Utilities in Place | No Restrictions Prime 5-acre commercial/industrial tract located just 2 miles from I-35 in the rapidly growing Jarrell corridor. This property offers 170 feet of FM 487 road frontage, electric on site, city water, and septic already installed, allowing for a smoother and more cost-effective development timeline. Located outside city limits with no known restrictions, this tract is ideal for a wide range of uses including warehouse/flex space, contractor yard, equipment storage, trade business HQ, small manufacturing, or long-term investment hold. The land is level, open pasture- making it easy to plan, access, and build. Positioned near the planned 150+ acre AI/data center development, this site is in the direct path of commercial and technology expansion along the IH-35 innovation and logistics corridor. High-traffic location with quick access to schools, workforce, suppliers, and regional transportation routes. An exceptional opportunity to secure high-visibility commercial land in a fast-advancing North Williamson County growth zone.*NOTE THE MOBILE HOME IS CONSIDERED NON VALUE- NOT IN GOOD CONDITION*
Property Type
Land
Lot Size
5.00 acres
Listed by Keller Williams Realty Lone St
Property Details
Verified property facts
1972 Lot 2 W Fm 487 is listed at $550,000 with 0 bedrooms, 5.00-acre lot. This places it above the 76537 median of $286,290.
1972 Lot 2 W Fm 487 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 ($110,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1972 Lot 2 W Fm 487 is around $3,862 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Listing timeline with current price, original ask, and market time.

20% ($110K)
$550,000
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List price
$550,000
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
231 days
Original to current
$25K reduction
$575K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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