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Verified property facts
51 County Road 264 is listed at $3,500,000 with 0 bedrooms, 4.28-acre lot. This places it above the 78641 median of $675,000.
51 County Road 264 is zoned for Leander ISD with assigned schools: Tarvin (10/10) (elementary), Stiles (middle), Rouse (10/10) (high). School assignments should be verified directly with the district.
51 County Road 264 is in L010D82C - Leander Williamson Abstracts le 20 Acre, Austin, Texas.
51 County Road 264 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.
The most recent annual property tax for 51 County Road 264 is $25,635. 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.
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Listing timeline with current price, original ask, and market time.
Positioned on a prime corner along Ronald Reagan Blvd and County Rd 264 presents a rare opportunity for commercial buyers and investors looking to capitalize on growth in the surrounding area. It is located within the City of Leander’s “Activity Center” future land use designation, offering a defined pathway for entitlements supporting both commercial and residential development. With excellent visibility and accessibility, this corner lot offers ideal frontage for a wide range of potential uses, making it a strategic acquisition for both immediate development and long-term hold. The property benefits from public utilities available in the area, providing a significant advantage for future development and reducing upfront infrastructure costs. Its location supports strong traffic exposure while still offering flexibility for various commercial concepts, including retail, office, service-based businesses, or mixed-use potential (subject to zoning and approvals). Surrounded by ongoing development and expanding residential rooftops, this site is perfectly positioned to meet increasing demand in the market. Whether you're an investor seeking appreciation or a business owner looking for a high-visibility location, this corner lot offers the foundation for a valuable and scalable opportunity. Don’t miss your chance to secure a well-located commercial tract in a rapidly growing corridor.
Property Type
Land
Lot Size
4.28 acres
Listed by LPT Realty, LLC
Property Details
Lot Features
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. Ratings from GreatSchools.org.
20% ($700K)
$3,500,000
Luxury property intelligence
A sourced read on L010D82C - Leander Williamson Abstracts le 20 Acre pricing, timing, and property scale. No automated valuation claim.
List price
$3,500,000
Price per sqft
Not available
Vs. L010D82C - Leander Williamson Abstracts le 20 Acre median
Not available
Days on market
49 days
Original to current
No verified reduction
$3.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($700,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 51 County Road 264 is around $20,297 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,500,000, 51 County Road 264 is in the L010D82C - Leander Williamson Abstracts le 20 Acre market where there are currently 613 active listings in 78641. The Keenan Group has completed 6 transactions in 78641 as part of 1,000+ career sales totaling $1B+ across Austin.
51 County Road 264 sits on a 4.28-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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