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.
Active
$4,200,000
8604 Elroy Rd, Del Valle, TX 78617
0beds
0baths
2,720sqft
Est.:
Farm
Built in 2003
20.02 Acres Lot
$-- Zestimate®
$1,544/sqft
$-- HOA
What's special
Swimming poolZen gardenDedicated wedding ceremony areaIconic whiskey barnDirectly above cotaFishing pondWestern-style saloon
- 7 days |
- 119 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 12:24pm
Listed by:
Jeff Clawson (512) 660-7368,
AustinVestors (512) 660-7368
Source: Unlock MLS,MLS#: 7813645
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Appliances
- Included: Bar Fridge, Built-In Electric Oven, Built-In Range, Cooktop, Dishwasher, Electric Range, Exhaust Fan, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater, Tankless Water Heater, Wine Cooler
Interior area
- Total interior livable area: 2,720 sqft
Property
Parking
- Parking features: Outside
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch
- Fencing: Barbed Wire, Livestock, Perimeter
- Has view: Yes
- View description: Downtown, Panoramic
- Waterfront features: Pond
Lot
- Size: 20.02 Acres
- Features: Level, Public Maintained Road, Split Possible, Trees-Moderate, Views
Details
- Additional structures: Barn(s), Bathroom, Corral(s), Gazebo, Guest House, Outbuilding, Pool House, Poultry Coop
- Parcel number: 03484101240000
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Utilities for property: Electricity Connected, Internet-Cable, Water Connected
Community & HOA
Community
- Features: See Remarks
- Subdivision: n/a
Location
- Region: Del Valle
Financial & listing details
- Price per square foot: $1,544/sqft
- Tax assessed value: $822,100
- Annual tax amount: $5,925
- Date on market: 3/11/2026
- Listing terms: Cash,Conventional,Owner May Carry
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listed for sale | $4,200,000-40%$1,544/sqft |
Source: | ||
| 3/19/2015 | Listing removed | $7,000,000-30%$2,574/sqft |
Source: High Def Realty #4625773 Report a problem | ||
| 7/1/2014 | Listed for sale | $10,000,000+100%$3,676/sqft |
Source: High Def Realty #4625773 Report a problem | ||
| 5/2/2014 | Listing removed | $5,000,000$1,838/sqft |
Source: High Def Realty #5456609 Report a problem | ||
| 10/29/2013 | Listed for sale | $5,000,000$1,838/sqft |
Source: High Def Realty #5456609 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $339,363 |
| 2024 | $5,941 +39.8% | $339,363 -0.1% |
| 2023 | $4,251 -9.7% | $339,725 -1.1% |
| 2022 | $4,706 | $343,639 -27.4% |
| 2021 | -- | $473,465 +24.8% |
| 2020 | $1,579 -2.1% | $379,316 |
| 2019 | $1,614 -39.3% | $379,316 +0% |
| 2018 | $2,658 | $379,220 +219.1% |
| 2017 | $2,658 -8.6% | $118,830 -3.5% |
| 2016 | $2,909 | $123,098 -2.6% |
| 2015 | $2,909 | $126,337 -2.5% |
| 2014 | $2,909 | $129,594 +0.6% |
| 2013 | -- | $128,867 -3% |
| 2012 | -- | $132,903 -2.4% |
| 2011 | -- | $136,169 +83.2% |
| 2010 | -- | $74,324 +9.5% |
| 2009 | -- | $67,859 +9.5% |
| 2008 | -- | $61,948 +9.6% |
| 2007 | -- | $56,512 +9.5% |
| 2006 | -- | $51,620 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$26,153/mo
Principal & interest
$21043
Property taxes
$5110
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Climate risks
Neighborhood: 78617
Nearby schools
GreatSchools rating
- 7/10Newton Collins Elementary SchoolGrades: PK-5Distance: 5.3 mi
- 3/10Del Valle Middle SchoolGrades: 6-8Distance: 2.9 mi
- 2/10Del Valle High SchoolGrades: 8-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Newton Collins
- Middle: Del Valle
- High: Del Valle
- District: Del Valle ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 78617
- Texas
- Travis County
- Del Valle
- 78617
- 8604 Elroy Rd





