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1 Community Dr - 98 Homesites Austin lakeside & golf suburb
0.23 Acres of Residential Land Offered at $7,824,000 in Horseshoe Bay, TX 78657
Investment Highlights
- Austin suburb homesites
- Lots priced at 13% of finished home prices
- Ready-to-Build with roads & utilities
Executive Summary
Property Facts
| Price | $7,824,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | Bulk/Portfolio Sale | Total Lot Size | 0.23 AC |
| No. Lots | 1 |
| Price | $7,824,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.23 AC |
1 Lot Available
Lot
| Price | $7,824,000 | Lot Size | 0.23 AC |
| Price Per AC | $34,081,405 |
| Price | $7,824,000 |
| Price Per AC | $34,081,405 |
| Lot Size | 0.23 AC |
98 infill ready-to-build homesites with utilities. Typical lot size 10,000 s.f. Fully platted, roads constructed, zoned correctly, underground utilities in place. Infill lots in upscale lake & golf community. Cooperative and quick City staff.
Description
A golden opportunity for the right builder. Low land prices, relative to the rest of Central Texas. Finished ready-to-build infill lots priced at only 13% of finished home prices. Upscale community west of Austin, adjacent to a constant level lake with large marina. There are several golf courses and private clubs, including 3 Robert Trent Golf Courses. Adjacent to the more middle-income City of Marble Falls. These lots are fully platted with streets and utilities. The governmental regulation is from the friendly and cooperative (i.e. fast) staff of a small city. The property tax rates are some of the lowest in Texas.
zoning
| Zoning Code | Residential (Single Family Residential (R1), Garden Home (which allows a SFR on a smaller 5,000 sf lot), and R2 (which allows two units per lot, condos or duplex).) |
| Residential (Single Family Residential (R1), Garden Home (which allows a SFR on a smaller 5,000 sf lot), and R2 (which allows two units per lot, condos or duplex).) |
Presented by
Jim Bellevue
1 Community Dr - 98 Homesites Austin lakeside & golf suburb
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