The roadway continues beyond RM 1431 as Ronald W. Reagan Boulevard,[2] which travels northward into Leander before curving eastward back to I-35 within the southern city limits of Jarrell.

West of Loop 1, the road has wide shoulders and is relatively lightly developed, making it attractive as a bicycling route.

[citation needed] FM 734 is primarily a four-lane road between US 290 and Yager Lane, east of I-35.

[4] Except for the section between Loop 1 and I-35, Parmer Lane is designated a scenic roadway by the City of Austin.

[1] In 1997, FM 734 was improved east of I-35 to accommodate a new Samsung Electronics chip fabrication facility[citation needed].