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Investment Highlights

  • Approximately 20-acre hilltop development site
  • Panoramic views of the racetrack and Downtown Austin skyline
  • 16-inch City of Austin waterline at the street
  • Directly overlooking Circuit of the Americas (COTA)
  • Located within Austin's rapidly expanding COTA Entertainment District
  • Qualified Opportunity Zone

Executive Summary

This property offers a rare opportunity to acquire a 20-acre hilltop tract surrounded by Circuit of the Americas on three sides. Properties of this size and positioning in the immediate COTA corridor are extremely limited and becoming increasingly scarce.
The asset combines current income from short-term rental operations with long-term development potential as infrastructure along Elroy Road continues to improve. Located in the path of growth near Tesla’s Gigafactory and Southeast Austin expansion, the property is well suited for investors, developers, or end users seeking a strategic land position.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Hospitality
  • Hold For Development
  • Hold For Investment
  • Industrial Live or Work Unit
  • Trailer or Camper Park
Total Lot Size 20.02 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 20.02 AC

20-acre hilltop tract adjacent to Circuit of the Americas, surrounded by COTA on three sides. Features views of the track and downtown Austin, Elroy Rd frontage, and strong development potential in SE Austin’s high-growth corridor.

Description

Positioned on approximately 20 acres overlooking Circuit of the Americas (COTA), this exceptional hilltop development site represents one of the most unique investment opportunities in the Austin market. With panoramic views of the racetrack, the downtown Austin skyline, and the surrounding countryside, the property occupies an irreplaceable location within Austin's rapidly emerging entertainment, tourism, and innovation corridor. Located just minutes from Austin-Bergstrom International Airport, Tesla Gigafactory, Downtown Austin, SH-130, and Highway 71, the property sits at the center of one of the fastest-growing regions in Texas. Continued investment throughout the COTA district—including world-class motorsports, concerts, entertainment, hospitality, advanced manufacturing, and commercial development—continues to transform this area into one of Central Texas' most dynamic destinations. A significant competitive advantage is the availability of a 16-inch City of Austin waterline at the street, providing valuable infrastructure that is rarely available on development sites of this size. Combined with the property's elevated topography, commanding views, and strategic location, the site offers exceptional flexibility for a variety of future uses. Potential development concepts include luxury car condominiums, private garage communities, destination hospitality, boutique hotels, branded resorts, luxury RV accommodations, entertainment venues, corporate retreat facilities, wellness resorts, mixed-use projects, luxury residential development, or a long-term land investment positioned to benefit from the continued growth of the COTA Entertainment District. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for qualifying investors. Unlike most development sites, the property generates immediate revenue while preserving its long-term redevelopment potential. Existing improvements include five contemporary cabins, a resort-style swimming pool, Western-style saloon, Whiskey Barn, event pavilion, observation deck, ceremony site, fishing pond, Zen garden, and additional recreational amenities. The property currently produces approximately $160,000 in annual revenue through hospitality and private events, providing meaningful cash flow while future development plans are evaluated and implemented. ## Investment Highlights * Approximately 20-acre hilltop development site * Directly overlooking Circuit of the Americas (COTA) * Panoramic views of the racetrack and Downtown Austin skyline * Located within Austin's rapidly expanding COTA Entertainment District * 16-inch City of Austin waterline at the street * Qualified Opportunity Zone * Minutes from Austin-Bergstrom International Airport, Tesla Gigafactory, Downtown Austin, SH-130, and Highway 71 * Existing income-producing improvements generating approximately $160,000 annually * Multiple redevelopment opportunities with significant long-term appreciation potential Opportunities to acquire a development site with this combination of location, infrastructure, elevation, views, existing income, and future upside are exceptionally rare. Whether developed in the near term or held as a strategic land investment, this property offers investors and developers the opportunity to secure a premier position within one of the fastest-growing and most exciting districts in the Austin metropolitan area.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 39871466

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: Elroy Rd, Del Valle, TX 78617

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