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$1,297,000
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Property Description
Corner Lot with Commercial Development Potential Situated on approximately 4 acres with direct frontage along Highway 21, this corner lot on Leisure Lane / 416 W Hwy 21 in Cedar Creek offers exceptional visibility and flexibility for commercial development. The property lies in a high-growth corridor between Bastrop and Austin, benefiting from TxDOT's ongoing highway widening project and increased traffic volumes of approximately 16,000 vehicles per day. It is located near major economic drivers such as the $440 million EdgeConneX data center campus and the Hyatt Lost Pines Resort. Zoning in the area is minimal or flexible, opening the door for retail, office, industrial, or mixed-use development. Nearby recreational anchors and residential growth further support demand for supporting services and commercial amenities. With easy access to SH-71 and regional infrastructure, this property represents a prime opportunity for an investor or owner-user seeking scalable potential in a fast-developing area.
Full Property Details
Full Property Details for 120 Leisure Ln
General
- Price: $1,297,000
- Taxes: (2024)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 5643335
- Updated: 10/27/2025
- Added to Site: 151 day(s) ago
Rental Information
- Lease Info: See Remarks
Interior
- Flooring: Laminate, Tile
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Garage: Yes
- Carports: Yes
- Total Spaces: 4
- Parking Features: Additional Parking, Attached, Carport, Door-Single, Driveway, Garage Faces Front, Garage, Gated
Location
- Area: BW
- County: Bastrop
- Subdivision: Rolling Oaks
- Driving Directions: HWY 71 to HWY 21; HWY 21 to Leisure Lane (Right); Properties are on the left
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Above Ground Utilities
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Frame
- Square Feet: 4,116
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Investment
- Year Built: 2016
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks
Lot Features
- Lot Size (Acres): 4.09
- Lot Size (Sq. Ft.): 178,160.4
- Lot Size Source: Public Records
- Topography: Rolling
- Lot Features: Rolling Slope
Financial Considerations
- Assessment Amount: $80,161
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Multiple Parcels: Yes
- Legal Description: Rolling Oaks, Lot 16, ACRES 4.09 (MH ONLY 16X76, S/N CLW049658TX, L/N NTA1969316) LOCATED ON R37363
- Disclosures/Reports: See Remarks
- Property ID: 8719577
- Lot Number: 16
Listed by Keller Williams - Lake Travis
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Schools
Schools serving 120 Leisure Ln
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Bluebonnet Elementary School, Bastrop, TX 416 Fm 1209, Bastrop, TX 78602 | PK-5 | 1.8 mi |
Cedar Creek Intermediate School 151 Voss Parkway, Cedar Creek, TX 78612 | 6- | 2.6 mi |
Cedar Creek Middle School 125 Voss Parkway, Cedar Creek, TX 78612 | 7-8 | 2.4 mi |
Cedar Creek High School 793 Union Chapel Road, Cedar Creek, TX 78612 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Leisure Ln
Date
Details
Price
Change
Source
10/03/2025
Price Reduced
$1,297,000
-3.21%
MLS
8/21/2025
Listed
$1,340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Leisure Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,358
—
$80,161
-8%
2023
$1,358
100%
$87,391
-1%
2023
-100%
$88,310
48%
2021
$1,134
-27%
$59,839
-33%
2022
$1,553
—
$89,230
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Leisure Ln
120 Leisure Lane, Cedar Creek, TX 78612 (MLS# 5643335) is a Commercial property. 120 Leisure Lane is currently listed for $1,297,000 and was received on August 21, 2025. Want to learn more about 120 Leisure Lane? Do you have questions about finding other Commercial real estate for sale in Cedar Creek? You can browse all Cedar Creek real estate or contact a Coldwell Banker agent to request more information.

