10912 FM 1625 - 25 Ac Industrial Development Tract on FM1625
24.98 Acres of Industrial Land Offered at $1,275,000 in Austin, TX 78747
INVESTMENT HIGHLIGHTS
- Texas Opportunity Zone Listsing
- 500 feet south of Easton Park
- Frontage on FM1625
- Minutes to downtown Austin, Tesla Gigafactory, and Austin-Bergstrom International Airport
EXECUTIVE SUMMARY
Approximately 24.98 acres located in the South Austin suburb of Creedmoor and in a Texas Opportunity Zone. An ideal single warehouse development tract minutes to downtown Austin, Tesla Gigafactory and Austin-Bergstrom International Airport. Approximately 447 feet of frontage on FM1625. Utilities: Water - CMWSC, Electric - PEC, and W/W - septic needed. An estimated 4 acres are in the 100-year FEMA floodplain.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$13,460
|
$538.83
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,460
|
$538.83
|
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,275,000 |
| Price Per AC | $51,040.83 |
| Lot Size | 24.98 AC |
Located on the west side of FM1625; just 1.9 miles north of the intersection of FM1625 and SH45 in the South Austin suburb of Creedmoor and minutes to downtown Austin, Tesla Gigafactory and Austin-Bergstrom International Airport.
DESCRIPTION
Approximately 24.98 acres located in the South Austin suburb of Creedmoor and in a Texas Opportunity Zone. An ideal warehouse development tract minutes to downtown Austin, Tesla Gigafactory and Austin-Bergstrom International Airport. Approximately 447 feet of frontage on FM1625. Utilities: Water - CMWSC, Electric - PEC, and W/W - septic needed. An estimated 4 acres are in the 100-year FEMA floodplain.
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PROPERTY TAXES
| Parcel Number | 300509 | Total Assessment | $517,000 (2023) |
| Land Assessment | $517,000 (2023) | Annual Taxes | $13,460 |
| Improvements Assessment | $0 (2023) | Tax Year | 2024 |
ZONING
| Zoning Code | LI (Light Industrial Commercial) |
