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Investment Highlights

  • 20-acre hilltop tract adjacent to Circuit of the Americas
  • Views of COTA track and downtown Austin skyline
  • Prime development opportunity in SE Austin growth corridor
  • Surrounded by COTA on three sides
  • Operating short-term rental with immediate income
  • Ideal for car condo, hospitality, or land banking strategy

Executive Summary

Windy Ridge offers a rare opportunity to acquire a 20-acre hilltop tract surrounded by Circuit of the Americas on three sides. Properties of this size and positioning in the immediate COTA corridor are extremely limited and becoming increasingly scarce.
The asset combines current income from short-term rental operations with long-term development potential as infrastructure along Elroy Road continues to improve. Located in the path of growth near Tesla’s Gigafactory and Southeast Austin expansion, the property is well suited for investors, developers, or end users seeking a strategic land position.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $5,766,516 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Hospitality
  • Hold For Development
  • Hold For Investment
  • Industrial Live or Work Unit
  • Trailer or Camper Park
Total Lot Size 20.02 AC
Year Built 2003
Opportunity Zone Yes

1 Lot Available

Lot

Price $5,766,516 CAD
Price Per AC $288,037.76 CAD
Lot Size 20.02 AC

20-acre hilltop tract adjacent to Circuit of the Americas, surrounded by COTA on three sides. Features views of the track and downtown Austin, Elroy Rd frontage, and strong development potential in SE Austin’s high-growth corridor.

Description

Windy Ridge at COTA presents a rare opportunity to acquire a premier 20-acre hilltop tract in one of Austin’s fastest-growing and most strategic corridors. Surrounded by Circuit of the Americas (COTA) on three sides, this property offers unmatched proximity to one of the nation’s leading entertainment and motorsports destinations while delivering panoramic views of both the COTA track and the downtown Austin skyline. Positioned along Elroy Road in Southeast Austin, the property sits directly in the path of continued growth driven by major regional developments, including Tesla’s Gigafactory and expanding infrastructure throughout the corridor. As demand increases for land near COTA and along the SE Austin growth path, opportunities to control a tract of this size, elevation, and visibility are becoming increasingly limited. Currently operating as a successful short-term rental property, Windy Ridge generates immediate income, offering buyers the ability to offset holding costs while planning for future development. The site includes multiple structures and amenities designed to accommodate guests, events, and group stays, making it a turnkey asset for continued hospitality use in the near term. From a long-term perspective, the property is ideally suited for a range of high-value uses. Potential concepts include a boutique car condo development, private motorsports retreat, luxury event or hospitality venue, or strategic land banking for future expansion as roadway and utility infrastructure along Elroy Road continue to improve. The property’s elevated topography not only enhances its views but also provides a distinct competitive advantage for future development, creating a true “trophy” setting that is difficult to replicate anywhere else in the Austin market. Offered at $4,200,000, Windy Ridge represents a unique blend of immediate cash flow, irreplaceable location, and long-term upside in a rapidly evolving market. For additional information, site details, and property visuals, visit: https://www.windyridgeatx.com/

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
573942
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$466,183 CAD
Annual Taxes
-$1 CAD
Tax Year
2025
  • Listing ID: 39871466

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 8604 Elroy Rd, Del Valle, TX 78617

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