Capital and Land Advisors is pleased to offer the opportunity to acquire or ground lease a 6.59-acre tract located at 2627 Highway 71 West, in Cedar Creek, Texas (the “Property”). This unique tract presents a development opportunity in an area driven by high-profile employers, including the rapidly expanding presence of SpaceX and The Boring Company, as well as the established headquarters of X (formerly Twitter).
The property’s value is further enhanced by several key economic drivers. It is located in close proximity to Tractor Supply, which opened in early 2024. The area is poised for substantial residential expansion with the ongoing development of Silverleaf, a new master-planned community by renowned builder Taylor Morrison, projected to open in October 2025. This development will introduce a new wave of residential development activity.
The Property features a strategic location on Highway 71, a main arterial route connecting Bastrop to Austin (over 55,000 VPD), providing easy access to major metropolitan areas. Proximity to Highway 71 offers a direct route to Houston and Austin, while SH-130 provides access to IH-35, San Antonio, and Dallas-Fort Worth. The tract features approximately 638 feet of frontage on Highway 71, maximizing visibility and access. The Property is served by an existing 6-inch water line (Aqua WSC) along Highway 71.
The strategic location, combined with robust local economic growth and available utility service, makes the Property an ideal candidate for future Residential and Commercial development