
— bed, — bath on 47.00 acres in Leander. Leander, TX 78641. $4,999,995. Liberty Hill ISD.
47 acres for single-family neighborhood available for sale within Liberty Hill ISD just minutes from downtown Liberty Hill. Water capacity for 194 LUEs has been confirmed with with Leander and Owner is in the process of discussing an on-site WWTP and to extend water to the property, which could allow up to approximately 200 single-family lots. Seller can discuss delivering finished lots depending on the builder and terms. Please reach out to discuss in more detail.
At 47 acres with confirmed water capacity for 194 LUEs, 520 County Road 281 stands out as a large-scale land opportunity in Leander, TX 78641. This Land - Multiple Lots (Adjacent) offering in Williamson County sits minutes from downtown Liberty Hill and gives builders, developers, and long-range investors a tract with real scale in one of the fastest-moving parts of the North Austin growth corridor.
The key story here is development potential. Seller remarks indicate confirmed water capacity with Leander for 194 LUEs, with ongoing discussions around an on-site wastewater treatment plant and extending water service to the property. That matters because utility path is often the first question on raw land, and this site already has meaningful progress on that front. Based on those same remarks, the tract could support about 200 single-family lots, and the seller may discuss delivering finished lots depending on builder and deal structure. For anyone evaluating entitlement strategy, subdivision economics, or phased delivery, that creates room for multiple approaches rather than a single fixed outcome.
From a location standpoint, the address benefits from the draw of both Leander and Liberty Hill. County Road 281 gives the property a clear geographic identity, while proximity to downtown Liberty Hill adds practical value for future residents who want quick access to daily services, local restaurants, and community events. The Leander connection is equally relevant because confirmed water capacity ties the site to one of the core infrastructure conversations that shape land value in this market. In Williamson County, where growth continues to push outward from established Austin-area suburbs, tracts of this size with a defined utility narrative are not common.
Important data points are straightforward. The list price is $5.00 million. The lot size is 47 acres. Days on market are 457, which suggests this is a specialized opportunity rather than a standard resale listing. Building square footage is not listed, so price per square foot is not available. Year built does not apply in a meaningful way because this is a land offering, not an existing residential home. School information and school ratings are not provided in the source data, so buyers should confirm district boundaries and campus assignments directly during due diligence.
For buyers focused on land in Leander and the Liberty Hill area, 520 County Road 281 offers something the market rarely does: scale, utility momentum, and optionality in a corridor where long-term housing demand continues to shape value.
Verified property facts
520 County Road 281 is listed at $4,999,995 with 0 bedrooms, 47.00-acre lot. This places it above the ZIP 78641 single-family closed-sale median price of $675,000 (ZIP 78641 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 30, 2026).
520 County Road 281 is zoned for Liberty Hill ISD with assigned schools: Liberty Hill (8/10) (elementary), Liberty Hill Middle (middle), Liberty Hill (8/10) (high). School assignments should be verified directly with the district.
520 County Road 281 is listed by John P. Cummings Jr.. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 520 County Road 281. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at 520 County Road 281, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+10.0% | — | $570,794 | $303,442 | $406,178 |
2025 | — | $518,904 | $240,416 | $332,100 |
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% ($1000K)
Adjustable assumption - not a lending recommendation.
$4,999,995
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List price
$4,999,995
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
724 days
Original to current
No verified reduction
$5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 1, 2026, 520 County Road 281 is offered at $4,999,995. The current MLS snapshot shows 625 active listings in 78641. Keenan Group has completed 13 verified transactions in 78641 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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
2 events on record
Current Price
$4,999,995
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+10.0% | — | $570,794 | $303,442 | $406,178 |
2025 | — | $518,904 | $240,416 | $332,100 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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