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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Commercial lot situated in a high-traffic area, ideal for your next development project. FM 2720 is known as the area that Micron was rumored to be located at and is still highly anticipated to be a prime development spot for commercial. In preparation for the significant growth this area is seeing right now, TXDOT has plans to widen FM 2720 and County Line SUD is installing a 24'’ water line along the border of this property. This area of Lockhart has recently announced several developments including a data center, industrial park, storage facility, grocery store, and master planned community along with several other large scale developments coming to the immediate vicinity of this property. Situated outside the flood plain, this tract offers optimal conditions for commercial development. With its highest and best use identified as commercial, prospective ventures include a hotel, self-storage facility, restaurant, or car wash, making it an ideal investment opportunity.
Property Type
Commercial Sale
Lot Size
4.10 acres
Listed by Land Unlimited
Property Details
Construction
Parking
Verified property facts
4500 FM 2720 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 ($95,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4500 FM 2720 is around $3,336 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $475,000, 4500 FM 2720 is in the Hines, Elbert market where there are currently 94 active listings in 78656.
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.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
20% ($95K)
$475,000
Luxury property intelligence
A sourced read on Hines, Elbert pricing, timing, and property scale. No automated valuation claim.
List price
$475,000
Price per sqft
Not available
Vs. Hines, Elbert median
Not available
Days on market
713 days
Original to current
$75K reduction
$550K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Hines, Elbert
Active listings near 4500 FM 2720
