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Keenan Group#1 Austin Board of Realtors Team 2024
TBD Fitzhugh, aerial view with TBD Fitzhugh in Austin, Austin, Austin, TX
Active

$4,000,000

11.98 acresLot

TBD Fitzhugh, Austin, TX 78736

Reduced 16%$4,750,000
Austin·MLS# 9321007·678 days on market

— bed, — bath on 11.98 acres in Austin. Austin, TX 78736. $4,000,000. Dripping Springs ISD.

About This Home

This exceptional 11.98± acre Fitzhugh Road development opportunity comes with a county-approved 35-year development agreement and a shovel-ready plan designed for approximately 110,000 SF of multi-building retail, warehouse, office and flex space. Located entirely in Hays County with an Austin address, outside the ETJ and with no restrictions shown in MLS, the property offers exceptional flexibility for developers, investors and owner-users. Positioned along the highly sought-after Fitzhugh Corridor between Austin and Dripping Springs, the property sits among established breweries, distilleries, restaurants and entertainment destinations that have transformed Fitzhugh Road into one of the Hill Country's most recognizable commercial corridors. The approved concept provides an opportunity to develop and lease or sell individual spaces, while the site's scale and flexibility also make it well suited for an owner-user campus, manufacturing, distribution, trades, showroom, retail, brewery/distillery or other commercial concepts. With approximately 110,000 SF already designed, buyers can capitalize on significant planning already completed while retaining the flexibility to pursue a different vision. Convenient access connects the property to Southwest and Central Austin, Dripping Springs, Bee Cave, Lakeway, Wimberley and the greater Hill Country. A rare opportunity to acquire nearly 12 acres on Fitzhugh Road with long-term development approvals already in place. Ask for the site plan, development agreement and additional due diligence materials.

Property Type
Land
Lot Size
11.98 acres

Listing information last updated August 10, 2026.

Listed by Friedman Real Estate, Inc.

MLS# 9321007 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 11.98-acre lot
Many Trees
Ask for the site plan, development agreement and additional due diligence materials.

Facts & Features

Exterior & Lot

Lot Features

  • Many Trees
Lot Size
11.98 Acres
Financial
Original List Price
$4,750,000

Transaction History

1 record on file

Every recorded listing, sale, and lease at TBD Fitzhugh, whoever represented it.

  1. ActiveListed 2024
    Current price: $4,000,000Original list: $4,750,000MLS 9321007

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.

View Timeline
Current list
$4,000,000
Original list
$4,750,000
Price movement
$750K reduction
Listed / DOM
Dec 26, 2024 · 678 days
Map showing TBD Fitzhugh
TBD Fitzhugh
Directions

Zoned Schools & District Context

Dripping Springs ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$21,808

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($800K)

Adjustable assumption - not a lending recommendation.

Home price

$4,000,000

Loan: $3.2M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$4,000,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

678 days

Original to current

$750K reduction

$4.8M 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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Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is TBD Fitzhugh?

TBD Fitzhugh is listed at $4,000,000 with 0 bedrooms, 11.98-acre lot. This places it above the ZIP 78736 single-family closed-sale median price of $540,000 (ZIP 78736 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 3, 2026).

What school district is TBD Fitzhugh in?

TBD Fitzhugh is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

How should a buyer estimate the monthly payment for TBD Fitzhugh?

This page does not assume a mortgage rate or publish a monthly payment for TBD Fitzhugh. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does TBD Fitzhugh compare with other homes in Austin?

As of Oct 15, 2026, TBD Fitzhugh is offered at $4,000,000. The current MLS snapshot shows 33 active listings in 78736. Keenan Group has completed 2 verified transactions in 78736 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 1:07:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/15/2026, 1:07:20 PM

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