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10908 W US 290 Hwy - 10908 US 290 - Cashflow + Development Land 5.77 Acres of Industrial Land in Austin, TX 78737

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INVESTMENT HIGHLIGHTS

  • Excellent Frontage on Hwy 290 and Fitzhugh Rd
  • 5.77 acres with room for additional development
  • 2 x 5,000 SF Buildings (1 occupied w/ NNN Lease, 1 currently owner occupied)

EXECUTIVE SUMMARY

Presenting 10908 US Highway 290 — a premier 5.77-acre commercial property strategically positioned at the high-traffic corner of Hwy 290 and Fitzhugh Road in the booming Austin–Dripping Springs corridor. Currently home to Edgestone Automotive and Malco Electric, this site combines stable income with exceptional future development upside.
Property Highlights:
Land Size: 5.77 Acres with ±848 feet of Highway 290 frontage
Improvements: Two 5,000 SF buildings with existing infrastructure
Zoning: NO zoning restrictions. De-annexed from Austin ETJ. Travis County Only.
Leases in Place:
Edgestone Automotive – NNN lease with built-in annual escalations
Malco Electric – Owner-occupied; potential for leaseback or vacant delivery
Excellent Access & Visibility from signalized intersection at Fitzhugh and US-290
Utilities: Water available through WTCPUA, septic onsite
Strategic Location & Explosive Growth:
This site sits at the epicenter of western Travis County’s growth, offering immediate proximity to Belterra (±2,000 homes), the Shops at Belterra Village, and several new residential and mixed-use developments. With proposed highway expansions transforming US-290 into a 12-lane express corridor (TxDOT’s 290 Project), this location offers unmatched regional connectivity and long-term value.
Development Potential:
Ideal for retail, service, flex-industrial, or mixed-use redevelopment. The site's size, topography, and minimal restrictions offer a rare canvas for developers seeking to capitalize on the rapid westward expansion of Austin and the lifestyle appeal of Dripping Springs.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Auto Repair
  • Bank
  • Carwash
  • Community Center
  • Convenience Store
  • Distribution
  • Drugstore
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Medical
  • Neighborhood Center
  • Office Park
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
Total Lot Size 5.77 AC

1 LOT AVAILABLE

Lot

Lot Size 5.77 AC

Prime 5.77-acre commercial property strategically positioned at the high-traffic corner of Hwy 290 and Fitzhugh Road in the booming Austin–Dripping Springs corridor. 2 x 5000 SF buildings + Developable Acreage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
324507
Land Assessment
$2,615,308
Improvements Assessment
$368,692
Total Assessment
$2,984,000
  • Listing ID: 37232891

  • Date on Market: 8/12/2025

  • Last Updated:

  • Address: 10908 W US 290 Hwy, Austin, TX 78737

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