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Property Description
Perched on a hilltop overlooking Circuit of the Americas (COTA), Windy Ridge is a rare 20-acre modern gentleman's ranch offering panoramic views of the racetrack and the downtown Austin skyline. This unique property blends immediate income potential with exceptional long-term development opportunity in one of Austin's fastest-growing corridors. Currently operating as a successful short-term rental and private event destination, the property generates approximately $160,000 in annual revenue. Five modern cabins accommodate up to 18 guests and provide a turnkey hospitality experience that attracts visitors for weddings, retreats, and major COTA events including Formula 1, MotoGP, and concerts. Windy Ridge offers a resort-style atmosphere with multiple gathering spaces and amenities. Guests enjoy a Western-style saloon, open pavilion with dance floor, swimming pool, and an elevated observation deck with sweeping skyline views. The property also features the iconic Whiskey Barn, a dedicated wedding ceremony area, Zen garden, fishing pond, and a 7-hole disc golf course winding through the scenic landscape. Beyond its current hospitality use, the property offers strong future development potential. A 16-inch City of Austin waterline at the street provides valuable infrastructure rarely found on acreage of this size. Potential concepts include high-end car condominiums for motorsport enthusiasts, a luxury RV resort serving Austin's tourism market, or a buy-and-hold land bank strategy while continuing to generate income. Located minutes from Austin-Bergstrom International Airport, downtown Austin, and directly above COTA, Windy Ridge sits squarely in the path of growth while offering unmatched views, amenities, and income potential. The property is also located within a Qualified Opportunity Zone.
Full Property Details
Full Property Details for 8604 Elroy Rd
General
- Price: $4,200,000
- Taxes: $5,925 (2025)
- Status: Active
- Type: Commercial Residential Facility
- Source: Austin_MLS
- MLS ID: 2227621
- Updated: 3/12/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Bed & Breakfast
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Additional Information
- Equipment: Livestock Equipment
Parking
- Total Spaces: 50
- Parking Features: Outside
Location
- Area: SE
- County: Travis
- Subdivision: n/a
- Driving Directions: Be careful using Google or Apple maps, as they may not be reliable. Do Not turn into Circuit of the Americas. Remain on Elroy Rd until you reach 8604 Elroy Rd. Look for the large black horse statue.
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, High Speed Internet Available, Water Connected
Structural Information
- # Buildings: 10
- Detached/Attached: Detached
- Construction: See Remarks
- Square Feet: 2,568
- Sq. Ft. Source: Estimated
- Current Bldg. Use: See Remarks
- Year Built: 2003
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Bathroom, Corral(s), Guest House, Gazebo, Outbuilding, Poultry Coop, Pool House
Lot Features
- Property View: City, Panoramic
- Lot Size (Acres): 20.024
- Lot Size (Sq. Ft.): 872,245.44
Financial Considerations
- Operating Expenses: $95,000
- Assessment Amount: $339,541
- Tax Amount: $5,925.85
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: ABS A0797 WESTBROOK T B, 20.024 ACRES, TITLE CANCELED TO REAL ESTATE (1-D-1W)
- Disclosures/Reports: Seller Disclosure
- Property ID: 3484101240000
Listed by AustinVestors
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Schools
Schools serving 8604 Elroy Rd
School District:Del Valle Independent School District
| Name | Grades | Distance |
|---|---|---|
Newton Collins Elementary School 7609 Apogee Boulevard, Austin, TX 78744 | K-5 | 5.3 mi |
Del Valle Middle School 5500 Ross Road, Del Valle, TX 78617 | 6-8 | 3 mi |
Del Valle High School, Del Valle, TX 5201 Ross Road, Del Valle, TX 78617 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8604 Elroy Rd
Date
Details
Price
Change
Source
3/12/2026
Listed
$4,200,000
—
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 8604 Elroy Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,941
—
$822,100
142%
2024
$5,941
100%
$339,363
-55%
2022
-100%
$750,188
-1%
2022
$4,706
149%
$754,165
59%
2021
$1,892
20%
$473,465
514%
2020
$1,579
-2%
$77,138
—
2020
$1,612
-3%
$77,220
—
2018
$1,663
-39%
$77,181
-35%
2016
$2,728
4%
$118,830
-3%
2017
$2,634
-6%
$123,098
-3%
2016
$2,788
-4%
$126,337
-3%
2014
$2,909
-2%
$129,594
1%
2014
$2,966
—
$128,867
—
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 8604 Elroy Rd
8604 Elroy Road, Del Valle, TX 78617 (MLS# 2227621) is a Commercial Residential Facility property. 8604 Elroy Road is currently listed for $4,200,000 and was received on March 12, 2026. Want to learn more about 8604 Elroy Road? Do you have questions about finding other Commercial Residential Facility real estate for sale in Del Valle? You can browse all Del Valle real estate or contact a Coldwell Banker agent to request more information.

