
$359,000
NAL Estimated Property Value8701 Reed Park RD, Austin, TX, 78745
About this property
This is a wonderful 1.5 acre piece of property to build a fabulous Lake Property. There is still deep water in the cove with room for a boat dock. There is a house on the property but we are selling it as a tear down. The water well has never gone dry, there is a septic on property but buyer will need a new one for new home.
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Learn About the Market: Opportunity in Austin




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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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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