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Investment Highlights

  • Signalized hard-corner intersection of Hwy 71 & Hwy 16
  • ±17.15 acres — seller will subdivide
  • Surrounded by schools, retail, and Llano Regional Hospital
  • ±1,000' of total highway frontage
  • 0.9 miles to downtown Llano

Executive Summary

Prime ±17.15-acre development opportunity at the signalized southeast corner of E Hwy 71 and Hwy 16 (Ford St) in Llano, Texas. Offered at $4,482,324 ($6.00/SF), with the seller willing to subdivide to accommodate a range of users and developers.
The site features approximately 1,000 feet of combined highway frontage — ±640' on Hwy 16 and ±360' on Hwy 71 — with access from both corridors. Utilities are in place at the property, including an 8" water line off Hwy 16, a 6" water line off Hwy 71, and a 6" gravity wastewater line off Hwy 71. Located just 0.9 miles (a 2-minute drive) from historic downtown Llano, the property sits in the heart of the city's commercial growth corridor, adjacent to Stripes/Chicken Express and near Tractor Supply Co. It is directly across from Llano Junior High School (423 students) and within close proximity to Llano Elementary (400 students), Llano High School (535 students), and Llano Regional Hospital. Llano is a historic Hill Country community and the county seat of Llano County, located approximately 75 miles northwest of Austin and 30 miles north of Marble Falls. State Highways 16, 29, and 71 provide direct connectivity to Austin, Fredericksburg, and San Angelo. The area benefits from steady population and visitor growth driven by Central Texas expansion, tourism from the Highland Lakes, Enchanted Rock, and Texas wine country — positioning Llano as an attractive market for commercial investment with limited new supply.
**The information herein is deemed reliable but not guaranteed; broker makes no warranties and assumes no liability — all buyers should conduct independent due diligence.**

Property Facts

Price $4,482,324
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 17.15 AC

1 Lot Available

Lot

Price $4,482,324
Price Per AC $261,360.00
Lot Size 17.15 AC

J C RAGSDALE ABST #614 17.15 AC

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 41905152

  • Date on Market: 8/27/2026

  • Last Updated:

  • Address: E Hwy 71, Llano, TX 78643

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