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10908 W US 290 Hwy - 10908 US 290 - Cashflow + Development Land 5.77 Acres of Industrial Land Offered at $5,000,000 in Austin, TX 78737
Investment Highlights
- Prime 5.77-acre property with ±848 feet of Hwy 290 frontage and intersection visibility.
- No zoning restrictions; de-annexed from Austin ETJ, Travis County jurisdiction.
- Two freestanding 5,000 SF buildings supporting stable NNN income.
- Strategic location in the booming Austin–Dripping Springs corridor, near Belterra and major retail.
Executive Summary
10908 US Highway 290 presents an exceptional investment opportunity in the heart of the Austin–Dripping Springs growth corridor. Set on 5.77 acres at the high-traffic, signalized intersection of Hwy 290 and Fitzhugh Road, this property combines immediate income stability with substantial future redevelopment potential.
The site is currently occupied by Edgestone Automotive under a long-term NNN lease and Malco Electric, which could offer a leaseback or be delivered vacant. Improved with two well-maintained 5,000 SF structures and featuring nearly 848 feet of Hwy 290 frontage, this asset offers excellent visibility and access. With no zoning restrictions, the property provides unmatched flexibility for future commercial, service, retail, or mixed-use applications.
Positioned within an area experiencing explosive residential and commercial growth, the property benefits from strong surrounding demographics, anchored by large-scale developments such as Belterra and Shops at Belterra Village. Additionally, TxDOT plans to transform US 290 into a 12-lane express corridor, further enhancing accessibility and long-term appreciation potential.
The site is currently occupied by Edgestone Automotive under a long-term NNN lease and Malco Electric, which could offer a leaseback or be delivered vacant. Improved with two well-maintained 5,000 SF structures and featuring nearly 848 feet of Hwy 290 frontage, this asset offers excellent visibility and access. With no zoning restrictions, the property provides unmatched flexibility for future commercial, service, retail, or mixed-use applications.
Positioned within an area experiencing explosive residential and commercial growth, the property benefits from strong surrounding demographics, anchored by large-scale developments such as Belterra and Shops at Belterra Village. Additionally, TxDOT plans to transform US 290 into a 12-lane express corridor, further enhancing accessibility and long-term appreciation potential.
Property Facts
1 Lot Available
Lot
| Price | $5,000,000 | Lot Size | 5.77 AC |
| Price Per AC | $866,551.13 |
| Price | $5,000,000 |
| Price Per AC | $866,551.13 |
| Lot Size | 5.77 AC |
Description
The property encompasses 5.77 acres and currently supports light industrial and flex uses at the corner of Hwy 290 and Fitzhugh Road in western Travis County. Existing improvements include two metal-frame structures totaling approximately 10,000 SF. Utility services are provided by regional water authority and onsite septic. The site sits along a major growth corridor oriented toward west Austin and Dripping Springs, with strong residential development and retail nodes in the immediate trade area.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
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10908 W US 290 Hwy - 10908 US 290 - Cashflow + Development Land