— bed, — bath on 47.00 acres in Leander. Leander, TX 78641. $4,999,995. Liberty Hill ISD.
About This Home
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.
The numbers behind this insight
- Offered at
- $4,999,995
- Listed
- October 7, 2024
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $737 per sq ft over the trailing 12 months (185 sales), as of October 21, 2026.
- Property Type
- Land
- Lot Size
- 47.00 acres
Listing information last updated March 16, 2026.
Listed by John P. Cummings Jr.
MLS# 2208279 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Gentle Sloping
- Native Plants
- Split Possible
- Trees-Moderate
- Lot Size
- 47.00 Acres
Financial
- Original List Price
- $4,999,995
Utilities
- Electricity Available
- Water Source
- Private,See Remarks
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 520 County Road 281, whoever represented it.
- ActiveListed 2024Current price: $4,999,995Original list: $4,999,995MLS 2208279
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.
- Current list
- $4,999,995
- Original list
- $4,999,995
- Price movement
- No verified reduction
- Listed / DOM
- Oct 7, 2024 · 744 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $83,935
- Assessment Year
- 2025
- Year Built
- 2005
- Parcel ID
- R-15-0666-0000-0001E
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+5.4% | — | $88,501 | $781,435 | $52,136 |
2025 | — | $83,935 | $687,663 | $52,136 |
Zoned Schools
Liberty Hill
Liberty Hill Middle
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.
20% ($1000K)
Adjustable assumption - not a lending recommendation.
$4,999,995
Luxury property intelligence
Keenan Market Position
A sourced read on Leander pricing, timing, and property scale. No automated valuation claim.
List price
$4,999,995
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
744 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 15, 2026.
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78641 ZIP Guide
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