Austin, TX 78747 (Travis County)
About this property
This ±2-acre commercial corner presents an exceptional opportunity for a retail/office development at the southern entrance of Goodnight Ranch. With frontage on both Old Lockhart Road and the planned extension of Vertex Boulevard, the site offers prime visibility and accessibility. All utilities are available through the City of Austin, and no portion of the property falls within the FEMA 100-year floodplain. The site is priced at $25 per square foot for up to 20,000 square feet of gross building area (GBA). Situated within Goodnight Ranch—recognized as the 2023 Master-Planned Community of the Year by the Austin Business Journal—this location benefits from a rapidly growing area with entitlements for 6,300 residential units and 700,000 square feet of commercial space. This is a rare opportunity to establish a retail or office facility in one of Austin’s premier master-planned communities. All utilities are available through the City of Austin, and no portion of the property falls within the FEMA 100-year floodplain. The site is priced at $25 per square foot for up to 12,000 square feet of gross building area (GBA). Situated within Goodnight Ranch—recognized as the 2023 Master-Planned Community of the Year by the Austin Business Journal—this location benefits from a rapidly growing area with entitlements for 6,300 residential units and 700,000 square feet of commercial space. This is a rare opportunity to establish a childcare facility in one of Austin’s premier master-planned communities.
Property details
Location
About the Area
0000 Old Lockhart Hwy is located in Austin, 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.
Austin had an estimated population of 967,862 as of 2023. The 78747 zip code has a median household income of $86,456, a median home value of $395,500, and a median age of 34.9. The average household size is 2.53 people.
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.