Del Valle, TX 78617 (Travis County)
About this property
Rare ±10-acre development opportunity at 8700 Elroy Rd in the rapidly growing Southeast Austin/Del Valle corridor, positioned immediately adjacent to Circuit of the Americas and just 0.1 mile north of FM 812. The property offers approximately 407 feet of frontage on Elroy Rd, relatively flat topography, and no portion of the tract is shown within the 100-year floodplain. Located in the Austin 2-mile ETJ with no zoning, providing flexibility for a variety of potential commercial or industrial uses, subject to applicable governmental approvals and development requirements. City of Austin water infrastructure is located along Elroy Rd, including a 10-inch waterline in front of the property and a 16-inch waterline across the street. Current improvements are served by OSSF. The site is also identified as being within a 2025 Qualified Census Tract and Opportunity Zone. Strategically located near COTA, Tesla Giga Texas, Austin-Bergstrom International Airport and the SH 130 corridor, this property provides an opportunity to secure development land within one of Southeast Austin’s major employment and investment corridors. Current asking price: $1,700,000. Contact listing broker for additional property information, utility mapping and due diligence materials
Property details
Location
About the Area
8700 Elroy Rd is located in Del Valle, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.
The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.
The 78617 zip code has a median household income of $78,019, a median home value of $247,800, and a median age of 36.4. The average household size is 3.06 people. The zip code has a total population of 28,932.
Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of McAllister & Associates.