8604 Elroy Rd Unit B Del Valle, TX 78617
Circuit of the Americas NeighborhoodEstimated payment $22,347/month
Highlights
- Guest House
- Horses Allowed On Property
- Home fronts a pond
- Barn
- Pool House
- Panoramic View
About This Lot
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.
Listing Agent
AustinVestors Brokerage Phone: (512) 660-7368 License #0492115 Listed on: 03/11/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,926
Year Built
- Built in 2003
Lot Details
- 20.02 Acre Lot
- Home fronts a pond
- Poultry Coop
- Barbed Wire
- Perimeter Fence
- Level Lot
- Wooded Lot
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Parking
- Outside Parking
Property Views
- Panoramic
- Downtown
Interior Spaces
- 2,720 Sq Ft Home
- 1-Story Property
- Bar Fridge
- Washer and Dryer
Kitchen
- Built-In Electric Oven
- Built-In Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
Outdoor Features
- Pool House
- Deck
- Covered Patio or Porch
- Gazebo
- Outbuilding
Additional Homes
- Guest House
Schools
- Newton Collins Elementary School
- Del Valle Middle School
- Del Valle High School
Farming
- Barn
- Livestock Fence
- 1 Stock Tank or Pond
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Corral
- Tack Room
Utilities
- Vented Exhaust Fan
- Tankless Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 03484101240000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,087 | $194,014 | $194,014 | -- |
| 2023 | $2,095 | $122,771 | $122,771 | $0 |
| 2022 | $2,578 | $136,397 | $136,397 | $0 |
| 2021 | $1,478 | $74,823 | $74,823 | $0 |
| 2020 | $1,254 | $60,000 | $60,000 | $0 |
| 2018 | $3,600 | $160,917 | $60,000 | $100,917 |
| 2017 | $3,587 | $161,824 | $60,000 | $101,824 |
| 2016 | $3,591 | $162,035 | $60,000 | $102,035 |
| 2015 | $3,007 | $167,019 | $60,000 | $119,656 |
| 2014 | $3,007 | $151,835 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/11/2026 03/11/26 | For Sale | $4,200,000 | +223.1% | $1,544 / Sq Ft | |
| 09/29/2017 09/29/17 | Sold | -- | -- | -- | View Prior Sale |
| 09/13/2017 09/13/17 | Pending | -- | -- | -- | |
| 07/06/2017 07/06/17 | For Sale | $1,300,000 | -- | $687 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7813645
APN: 300304
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Ask me questions while you tour the home.