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$2,000

16300 Summit Dr, Austin, TX, 78728

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths2,128 Sq Ft
OtherOther
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringSee Remarks

Exterior

Lot Size6,229 sqft

Building Information

Year Built2000
Stories1

Land Information

APN02821804060000
Lot Number6
SubdivisionNorthridge Acres Revised
Land UseResidential
Legal DescriptionN 1/2 OF LOT 6 BLK 8 NORTHRIDGE ACRES REVISED (.107AC IN TRAVIS CO) TITLE CANCELED TO REAL ESTATE
Census Tract045600
Assessed Land Value$137,150
Assessed Improvement Value$70,550
Assessment Year2025

About this property

Ground lease opportunity just outside Round Rock in the Austin ETJ. This approximately 0.43-acre vacant property consists of three contiguous lots and offers a flexible option for businesses needing additional outdoor space. The property could be well suited for equipment storage, vehicle or fleet parking, contractor yard use, landscaping or construction material storage, trailer storage, container storage, or other commercial outdoor storage uses. Water and electricity are available to the property. No HOA and no known floodplain. Convenient opportunity for a business seeking a small, affordable yard or ground lease in the Round Rock/North Austin area. Tenant to independently verify intended use, utility availability/capacity, and applicable governmental requirements. All information is deemed reliable. Buyer to verify all information.

Investor Tools

$0Estimated Mortgage Balance
$927,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,562 /month
Positive
Cash Flow Estimate:
$1,854 /month

Interested in this property?

Robert Fischer

Keller Williams Realty Lone Star

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$207,700
2025
$137,150
$70,550
$207,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$207,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$927,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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16300 Summit Dr | Property Details | No Agent List