This is your chance to subdivide and develop 5.72 Acres of unimproved land in Caldwell County and achieve a cap rate estimated above 12%. You will find the property at 11023 FM 1854, Dale, Texas, just 1 mile south of State Highway 21 near Caldwell, Hays, and Travis Counties intersection. You are just a short drive to US Highway 183 and State Highway 130. You will be at Circuit of the Americas, the Telsa Gigafactory, or Austin Bergstrom Airport in minutes or effortlessly on your way to Austin, Bastrop, San Marcos, San Antonio, Houston, or Dallas without fighting I35 traffic in Austin. Only residential uses, which include manufactured homes, are permitted. Water, Electric, and Septic are on the property, and TXDOT has approved a 40’ right-of-way access driveway. Engineers have indicated that a community sewer system could allow for 20 or more homesites. All development is subject to approval by Caldwell County. Development is continuing at a rapid pace in Caldwell County. The local water utility has recently made significant upgrades to the distribution system. Multiple commercial and retail deliveries are near completion or completed. A survey is available in the documents. More information about development options are available upon request. Please note that this offering is for two separate 2.86-acre parcels totaling 5.72 acres. The manufactured home is being sold separately.
