1701 Northeast Inner Loop - Entitled 120-Unit Build-to-Rent/Sale Site
6.44 Acres of Commercial Land Offered at $4,480,000 in Georgetown, TX 78626
INVESTMENT HIGHLIGHTS
- Entitled development with approved Special Use Permit for 120 townhomes.
- Utility-ready site with water commitment from City of Jonah and sewer confirmation from City of Georgetown.
- Strategic location 1 mile from SH-130 Tollway and 1.5 miles from I-35, providing excellent connectivity to Austin and San Antonio corridors.
- 56 units at 1,800 SF and 64 units at 1,300 SF, totaling up to 184,000 SF of buildable area.
- C-3 zoning offering flexibility for both "for-rent" and "for-sale" residential products, catering to diverse market demands.
- Adjacent to Pat Cooper Elementary and Charles A. Forbes Middle School, enhancing the area's residential appeal.
EXECUTIVE SUMMARY
1701 NE Inner Loop, Georgetown, Texas, offers a premier development opportunity in one of the fastest-growing cities in the nation. This entitled land tract comes with a site plan for 120 townhomes. Key entitlements include an approved special use permit for townhome development, C-3 zoning, and a utility service letter, ensuring seamless project execution.
The property is ideally located adjacent to Charles A. Forbes Middle School, offering convenience for future residents and enhancing the property’s appeal to families. Additionally, the site is surrounded by hundreds of newly built single-family rooftops, creating a vibrant and thriving residential community. Its proximity to established neighborhoods and amenities ensures strong demand and future growth potential. Proximity to major retail, including Costco Wholesale and Wolf Ranch Town Center, offers residents a variety of shopping options.
The property is ideally located adjacent to Charles A. Forbes Middle School, offering convenience for future residents and enhancing the property’s appeal to families. Additionally, the site is surrounded by hundreds of newly built single-family rooftops, creating a vibrant and thriving residential community. Its proximity to established neighborhoods and amenities ensures strong demand and future growth potential. Proximity to major retail, including Costco Wholesale and Wolf Ranch Town Center, offers residents a variety of shopping options.
PROPERTY FACTS
| Price | $4,480,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 6.44 AC |
1 LOT AVAILABLE
Lot
| Price | $4,480,000 |
| Price Per AC | $695,436.20 |
| Lot Size | 6.44 AC |
1 of 1
PROPERTY TAXES
| Parcel Number | R435276 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,711 |
ZONING
| Zoning Code | C-3 |
