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$525,000

Lot 27A Evergreen Way, Austin, TX, 78737

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover the opportunity to build your dream home in Hawkridge, a sought-after Hill Country enclave where privacy, natural beauty, and convenience come together. This generously sized, mostly flat lot offers an ideal building site surrounded by mature oak trees and scenic Hill Country views—providing a serene backdrop for a truly custom residence. Located within highly acclaimed Dripping Springs ISD and not tied to any specific builder, this property allows you the freedom to design and build on your own terms. Enjoy the tranquility of a quiet, upscale neighborhood while remaining just minutes from the energy, dining, and entertainment of Austin, with new retail and restaurant options conveniently nearby. As one of the most competitively priced lots in Hawkridge, this is a rare chance to secure your place in an established, desirable community. Whether you’re envisioning a modern Hill Country retreat or a timeless custom estate, this lot offers the perfect foundation to bring your vision to life.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Cassidy Aday

REALTY CAPITAL CITY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,250/month
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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Lot 27A Evergreen Way | Property Details | No Agent List