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$2,000,000

8709 SKY MOUNTAIN DR, Austin, TX, 78735

Off MarketInfo
CommercialInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

About this property

Currently zoned RR Rural Residential. Surrounding properties are zoned MF1. City of Austin has determined they would be in support of rezoning for Multi-Family. Water & electric service by City of Austin. Possible Grandfathered 55% impervious cover, see city consult report in documents. Adjacent to Travis County Precinct 3 facility. Buyer to conduct due diligence on property. Great views from hilltop, Mature trees, property needs clean-up. APPRAISAL & CITY CONSULTANT REPORT AVAILABLE

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

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

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.

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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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8709 SKY MOUNTAIN DR | Property Details | No Agent List