#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Discover an exceptional investment opportunity with this expansive +/- 24.9-acre property located in the highly desirable Oak Hill area, just off Highway 71. This versatile parcel offers a wealth of potential. Currently zoned for rural residential / ag. The property includes three houses, a garage, and ample raw land. Utilities on-site include electricity, septic systems, and five wells providing substantial water resources (approximately 880 million cubic feet of water estimated to be underneath). The main home is currently being used as a primary residence. It is approximately 3500sf and has 5 beds, 2 1/2 baths as well as off grid capabilities through the solar field, septic system and wells. The property offers direct access from Roaring Springs Drive and Mowinkle Drive. There is also a small wet weather creek within the greenbelt on the East side of the property that would add a natural decorative element to a small residential development. This property is an unparalleled opportunity for anyone looking to capitalize on the growing demand in the South West Austin area.
Property Type
Residential
Lot Size
24.91 acres
Garage
5 spaces
Listed by Levi Rodgers Real Estate Group
Verified property facts
8737 W Highway 71 is listed at $4,500,000 with 5 bedrooms, 2 full, 1 half bathrooms, 24.91-acre lot. This places it above the 78736 median of $584,950.
8737 W Highway 71 is zoned for Austin ISD with assigned schools: Oak Hill (4/10) (elementary), Small (10/10) (middle), Bowie (8/10) (high). School assignments should be verified directly with the district.
8737 W Highway 71 is a Residential featuring 5 bedrooms, 2 full, 1 half bathrooms, 24.91-acre lot.
8737 W Highway 71 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 ($900,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8737 W Highway 71 is around $31,600 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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 |
|---|---|---|---|---|
2025+4.4% | — | $2,456,395 | $1,546,636 | — |
2024-0.7% | — | $2,351,783 | $1,546,636 | $805,631 |
2023+67.4% | — | $2,368,904 | $1,077,459 | $1,118,857 |
2022+163.7% | — | $1,414,982 | $1,077,459 | $1,131,694 |
2021 | — | $536,571 | $703,764 | $621,757 |
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% ($900K)
$4,500,000
Luxury property intelligence
A sourced read on Covered Bridge Whitecrowe Sub pricing, timing, and property scale. No automated valuation claim.
List price
$4,500,000
Price per sqft
Not available
Vs. Covered Bridge Whitecrowe Sub median
Not available
Days on market
676 days
Original to current
$500K reduction
$5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $4,500,000, 8737 W Highway 71 is in the Covered Bridge Whitecrowe Sub market where there are currently 27 active listings in 78736. The Keenan Group has completed 2 transactions in 78736 as part of 1,000+ career sales totaling $1B+ across Austin.
8737 W Highway 71 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
8737 W Highway 71 sits on a 24.91-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.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+4.4% | — | $2,456,395 | $1,546,636 | — |
2024-0.7% | — | $2,351,783 | $1,546,636 | $805,631 |
2023+67.4% | — | $2,368,904 | $1,077,459 | $1,118,857 |
2022+163.7% | — | $1,414,982 | $1,077,459 | $1,131,694 |
2021 | — | $536,571 | $703,764 | $621,757 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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