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$3,500,000 Just Listed
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Property Description
Positioned on a prime corner along Ronald Reagan Blvd and County Rd 265 presents a rare opportunity for commercial buyers and investors looking to capitalize on growth in the surrounding area. With excellent visibility and accessibility, this corner lot offers ideal frontage for a wide range of potential uses, making it a strategic acquisition for both immediate development and long-term hold. The property benefits from public utilities available in the area, providing a significant advantage for future development and reducing upfront infrastructure costs. Its location supports strong traffic exposure while still offering flexibility for various commercial concepts, including retail, office, service-based businesses, or mixed-use potential (subject to zoning and approvals). Surrounded by ongoing development and expanding residential rooftops, this site is perfectly positioned to meet increasing demand in the market. Whether you're an investor seeking appreciation or a business owner looking for a high-visibility location, this corner lot offers the foundation for a valuable and scalable opportunity. Don't miss your chance to secure a well-located commercial tract in a rapidly growing corridor.
Full Property Details
Full Property Details for 51 Co Rd 264
General
- Price: $3,500,000
- Taxes: $25,635 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 4917313
- Updated: 3/23/2026
- Added to Site: 2 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: CLN
- County: Williamson
- Subdivision: L010D82C - Leander Williamson Abstracts le 20 Acre
- Driving Directions: Use GPS
School Information
- Elem School District: Leander ISD
- Midd School District: Leander ISD
- High School District: Leander ISD
- Elementary School: Tarvin
- Middle School: Stiles
- High School: Rouse
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Connected, Water Available
Structural Information
- Detached/Attached: Detached
- Property Condition: Resale
Additional Structures
- Other Structures: Second Residence, Residence
Lot Features
- Property View: City
- Lot Size (Acres): 4.284
- Lot Size (Sq. Ft.): 186,611.04
- Lot Features: Corner Lot, Moderate Trees
Financial Considerations
- Assessment Amount: $1,257,630
- Tax Amount: $25,635
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: AW0559 AW0559 - SMITH, A. SUR., ACRES 4.284
- Disclosures/Reports: None
- Property ID: 17W055900000050003
Listed by LPT Realty, LLC
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Schools
Schools serving 51 Co Rd 264
School District:Leander Independent School District
| Name | Grades | Distance |
|---|---|---|
Tarvin Elementary School 1280 Logan Del Way, Leander, TX 78641 | PK-5 | 0.9 mi |
Bagdad Elementary School 800 Deercreek Lane, Leander, TX 78641 | K-5 | 4.2 mi |
Knox Wiley Middle School 1526 Raider Way, Leander, TX 78641 | 6-8 | 2 mi |
Glenn High School 1320 Collaborative Way, Leander, TX 78641 | 9-12 | 4.1 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 51 Co Rd 264
Date
Details
Price
Change
Source
3/23/2026
Listed
$3,500,000
—
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 51 Co Rd 264
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,340
4%
$1,257,630
13%
2023
$22,442
57%
$1,111,509
135%
2022
$14,292
27%
$472,231
—
2021
$11,238
-2%
$472,231
4%
2020
$11,520
-1%
$453,569
-4%
2020
$11,625
-7%
$472,407
—
2018
$12,527
19%
$473,484
20%
2017
$10,569
-2%
$394,782
—
2016
$10,730
25%
$396,058
27%
2015
$8,599
3%
$313,071
3%
2014
$8,378
9%
$302,955
10%
2013
$7,677
—
$275,784
—
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 51 Co Rd 264
51 County Road 264, Leander, TX 78641 (MLS# 4917313) is a Lots/Land property with a lot size of 4.284 acres. 51 County Road 264 is currently listed for $3,500,000 and was received on March 23, 2026. Want to learn more about 51 County Road 264? Do you have questions about finding other Lots/Land real estate for sale in Leander? You can browse all Leander real estate or contact a Coldwell Banker agent to request more information.

