— bed, — bath on 7.00 acres in Austin. Austin, TX 78744. $2,950,000. Del Valle ISD.
About This Home
Prime Unrestricted Acreage Minutes from Austin Hotspots. Unlock the potential of 6981 McKinney Falls Parkway — a rare opportunity to own unrestricted land in Austin’s ETJ. Ideally positioned just 5 miles from ABIA, 8 miles from downtown Austin, and 12 miles from the Tesla Gigafactory, this property offers unbeatable access to major employers, transit corridors, and lifestyle amenities. With no zoning restrictions, the possibilities are endless: Residential or multifamily development, Industrial or commercial use, Mixed-use concepts or build-to-suit projects. This is your chance to secure a strategic piece of land in one of the fastest-growing areas of Central Texas. Bring your vision and make it happen at 6981 McKinney Falls Parkway.
Nearly 7 acres this close to Austin is the kind of land opportunity that rarely stays available for long. At 6981 McKinney Falls Pkwy, buyers are looking at 6.997 acres in Austin, Austin, TX 78744, priced at $2.95 million, which works out to roughly $421,600 per acre in a part of Travis County where access and future flexibility drive value.
This is unimproved land, so there is no year built, no interior square footage, and no price per square foot to calculate. That matters because the value here is in the tract itself: usable acreage on McKinney Falls Parkway with direct relevance to growth patterns on Austin’s southeast side. The property has been on the market for 169 days, which gives serious buyers time to study access, utilities, entitlement strategy, and long range hold potential rather than chasing a rushed decision.
Location is the story. 6981 McKinney Falls Pkwy sits about 5 miles from Austin-Bergstrom International Airport, roughly 8 miles from Downtown Austin, and about 12 miles from Tesla Gigafactory Texas. That puts the site near three of the biggest forces shaping demand in this corridor: airport expansion, central Austin job access, and major advanced manufacturing growth along SH 130. McKinney Falls Parkway also connects efficiently to SH 71 and US 183, which is exactly what land buyers want when they are weighing convenience, logistics, and future resale depth.
For day to day geography, this address keeps you close to McKinney Falls State Park, Onion Creek, and Circuit of The Americas, while still offering more breathing room than central neighborhoods can provide. In practical terms, this is the Austin side of Del Valle’s growth path, where larger tracts have become harder to find and more expensive to replace.
From a school standpoint, the property is served by Del Valle ISD, with Newton Collins Elementary, Ojeda Middle School, and Del Valle High School as the assigned campuses. Those names matter for search visibility, but they also matter for buyers who want to understand how this address fits into the broader southeast Austin map.
For an owner with a long view, this tract offers something Austin rarely gives you anymore: scale, access, and positioning in a corridor where the next decade should keep pushing land values and development interest higher.
The numbers behind this insight
- Offered at
- $2,950,000
- Listed
- September 28, 2025
- Price changes
- Reduced, down 15.7% from $3,500,000
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (380 sales), as of October 16, 2026.
- Property Type
- Land
- Lot Size
- 7.00 acres
Listing information last updated September 30, 2026.
Listed by Engel & Volkers Austin
MLS# 6690848 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Level
- Trees-Sparse
- Lot Size
- 7.00 Acres
Financial
- Original List Price
- $3,500,000
Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
5 records on file
Every recorded listing, sale, and lease at 6981 McKinney Falls PKWY, whoever represented it.
- ActiveListed 2025Current price: $2,950,000Original list: $3,500,000MLS 6690848
- Price changed · February 13, 2026$2,950,000
- WithdrawnListed 2021Current price: $3,200,000Original list: $3,200,000MLS 8766686
- WithdrawnListed 2021Current price: $3,200,000Original list: $3,200,000MLS 1892899
- ExpiredListed 2009Current price: $375,000Original list: $450,000MLS 5328443
- ExpiredListed 2009Current price: $375,000Original list: $450,000MLS 4428597
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
- $2,950,000
- Original list
- $3,500,000
- Price movement
- $550K reduction
- Listed / DOM
- Sep 28, 2025 · 383 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $333,489
- Assessment Year
- 2025
- Year Built
- 2000
- Parcel ID
- 000000297348
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.0% | — | $333,489 | $333,489 | — |
2024+0.0% | — | $333,489 | $333,489 | — |
2023+24.2% | — | $333,489 | $324,090 | $134,478 |
2022+3.3% | — | $268,600 | $324,090 | $9,399 |
2021 | — | $260,000 | $209,966 | $58,634 |
Zoned Schools
Del Valle ISD
Del Valle
Ojeda
Newton Collins
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($590K)
Adjustable assumption - not a lending recommendation.
$2,950,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,950,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
383 days
Original to current
$550K reduction
$3.5M 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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