
Discover a rare opportunity to own a piece of South Austin history on Appaloosa Run — a sprawling 27+/- acre property that perfectly blends rich heritage with incredible development potential. Once part of the original Koenig Ranch established in 1921, this land carries the spirit of the Texas pioneer days while offering all the modern advantages of city water and unrestricted use. The gently rolling terrain makes for an ideal canvas to bring your vision to life, whether you imagine a residential community, a private estate, or a boutique development that honors the property’s historic roots. Scattered across the acreage, you’ll find majestic heritage oak trees, long-distance Hill Country views, and multiple picturesque old barns that tell stories of generations past. Adding to the property’s timeless charm is a 1870-built farmhouse, accompanied by a quaint guest house — both of which could be thoughtfully incorporated into your future plans as a sales office, community center, or centerpiece of a heritage-inspired project. Located a short drive from downtown Austin with quick access to FM 1826 and SH 45, this is one of the last large remaining tracts in the area — a truly exceptional setting that combines convenience, history, and natural beauty. An additional 3 acres is also available adjacent to the property, allowing even greater flexibility and scale for your vision. With its storied past, easy build sites, and unmatched location, this property offers a once-in-a-lifetime chance to shape the next chapter of South Austin’s landscape.
Property Type
Commercial Sale
Year Built
1870
Lot Size
27.00 acres
Garage
50 spaces
Listed by Friedman Real Estate, Inc.
Verified property facts
8409 Appaloosa RUN is listed at $4,050,000 with 0 bedrooms, 27.00-acre lot. This places it above the 78737 median of $850,000.
8409 Appaloosa RUN is a Commercial Sale built in 1870 featuring 0 bedrooms, 27.00-acre lot.
8409 Appaloosa RUN 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.
With 20% down ($810,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8409 Appaloosa RUN is around $28,440 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $4,050,000, 8409 Appaloosa RUN is in the Richard Hailey Surv Abs #341 market where there are currently 81 active listings in 78737. The Keenan Group has completed 15 transactions in 78737 as part of 1,000+ career sales totaling $1B+ across Austin.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
Listed 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 |
|---|---|---|---|---|
2025-14.3% | — | $420,405 | — | — |
2024-0.7% | — | $490,396 | $200,000 | $221,228 |
2023+27.2% | — | $493,897 | $200,000 | $290,396 |
2022 | — | $388,182 | $200,000 | $293,897 |
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($810K)
$4,050,000
Luxury property intelligence
A sourced read on Richard Hailey Surv Abs #341 pricing, timing, and property scale. No automated valuation claim.
List price
$4,050,000
Price per sqft
Not available
Vs. Richard Hailey Surv Abs #341 median
Not available
Days on market
230 days
Original to current
No verified reduction
$4.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
8409 Appaloosa RUN was built in 1870 (156 years ago). Buyers should budget for potential updates to major systems.
8409 Appaloosa RUN sits on a 27.00-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.
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.
8 events on record
Current Price
$4,050,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.3% | — | $420,405 | — | — |
2024-0.7% | — | $490,396 | $200,000 | $221,228 |
2023+27.2% | — | $493,897 | $200,000 | $290,396 |
2022 | — | $388,182 | $200,000 | $293,897 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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