— bed, — bath on 41.60 acres in Georgetown. Georgetown, TX 78626. $13,000,000.
About This Home
This 41.6-acre property is located within Georgetown’s ETJ, with 0.7 acres zoned Residential Single Family (RS). Designated as an Employment Center in the City of Georgetown’s Future Land Use Plan, the property offers strong development potential. It has access to an 8-inch City of Georgetown water line along Fox Drive and an 8-inch City of Georgetown sewer line along CR 116, with service running along the north and west property boundaries. No portion of the land is within the 100-year floodplain. Fox Drive, which intersects with IH-35, dead-ends into the property, providing direct access to the interstate. There is an existing house on the property. This site offers a prime location for future commercial, industrial, or mixed-use development with city utilities and strategic connectivity.
The 41.6-acre compound at 580 Rabbit Hill Road in Georgetown represents a rare opportunity to own a sprawling estate with direct Interstate 35 connectivity and full city infrastructure already in place. Located within Georgetown's extraterritorial jurisdiction in Williamson County, this property sits designated as an Employment Center under the City of Georgetown's Future Land Use Plan, meaning it carries substantial development potential alongside its current residential improvements.
The property benefits from immediate access to city utilities that are already installed. An 8-inch water line from the City of Georgetown runs along Fox Drive at the property's eastern boundary, while an 8-inch sewer line follows CR 116 on the north and west edges. This infrastructure eliminates the typical delays and expenses of utility extensions, allowing for seamless implementation of future plans. Fox Drive directly connects to Interstate 35, providing critical highway access for commercial, industrial, or mixed-use applications without requiring additional road work or permitting complications.
The land itself is strategically positioned with minimal environmental constraints. No portion falls within the 100-year floodplain, which simplifies financing, insurance, and development timelines. The zoning composition includes 0.7 acres designated Residential Single Family, with the balance offering flexible development designation. An existing house on the property provides immediate utility if retained or can be cleared for new construction.
Georgetown's location on the Austin metro periphery positions this holding at the intersection of growth corridors. The city has experienced consistent commercial and industrial expansion, particularly along I-35, where distribution centers, logistics hubs, and retail facilities have become prevalent. Proximity to major employers and the steady northward migration of Austin development patterns support long-term appreciation.
For investors or developers evaluating land plays in Central Texas, the combination of city utilities, highway frontage, employment zone designation, and 41.6 acres of cleared acreage creates a rare platform. The property's infrastructure readiness compresses typical development timelines by 18-24 months compared to rural properties requiring utility extensions. Whether pursued for immediate commercial use, phased mixed-use development, or as a long-term land bank, 580 Rabbit Hill Road offers the connectivity and entitlements that distinguish viable development sites from speculative holdings. The Keenan Group's 25-year Austin market expertise positions us to guide investors through both immediate value recognition and strategic development pathways for this significant Williamson County asset.
The numbers behind this insight
- Offered at
- $13,000,000
- Listed
- February 18, 2025
- Property Type
- Commercial Sale
- Lot Size
- 41.60 acres
Listing information last updated March 16, 2026.
Listed by Wolf Real Estate
MLS# 8478901 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 41.60 Acres
Financial
- Original List Price
- $13,000,000
Utilities
- Electricity Available
- Sewer Available
- Water Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 580 Rabbit Hill Rd, whoever represented it.
- ActiveListed 2025Current price: $13,000,000Original list: $13,000,000MLS 8478901
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
- $13,000,000
- Original list
- $13,000,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 18, 2025 · 605 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $24,442
- Assessment Year
- 2025
- Year Built
- 2012
- Parcel ID
- R-20-0295-0000-0007
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+7.0% | — | $26,148 | $1,385,873 | $9,082 |
2025 | — | $24,442 | $2,131,599 | $7,293 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($2.6M)
Adjustable assumption - not a lending recommendation.
$13,000,000
Luxury property intelligence
Keenan Market Position
A sourced read on Georgetown pricing, timing, and property scale. No automated valuation claim.
List price
$13,000,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
605 days
Original to current
No verified reduction
$13M 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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