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814 Euel Moore Dr - Valentine Lakeside

3.48 Acres of Commercial Land Offered at $6,950,000 in Kingsland, TX 78639

Investment Highlights

  • Vibrant, growing vacation destination community on constant-level lake
  • Proximity to Austin, San Antonio, Midland/Odessa
  • Unincorporated area / muni utilities

Executive Summary

Great redevelopment opportunity on constant-level Lake LBJ, the jewel of the Highland Lakes in Central Texas.
Multiple revenue stream opportunities through expandable marina, lodging/condos, event venue, retail/restaurant and marina store.
250’ waterfront on booming vacation-destination lake, 90 minutes from Austin and San Antonio.
Unincorporated area with no restrictions, but with municipal water and sewer and affordable electric cooperative.
Property has a 70-year history of serving vacationing families on Lake LBJ, including a loyal following on social media and email subscriptions
Opportunity Zone designation
Potential for owner financing
Existing 22,000-gallon heart-shaped pool, resurfaced in 2021
Central location in Kingsland near restaurants, entertainment, shopping
Revenue potential from existing cabin and boat lift inventory during development phase

Attachments

Plat

Property Facts

Price $6,950,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Hospitality
  • Apartment Units - Condo
  • Marina
  • Specialty, Festival or Entertainment
Total Lot Size 3.48 AC
Opportunity Zone Yes

1 Lot Available

Lot B-1

Price $6,950,000
Price Per AC $1,997,126
Lot Size 3.48 AC

Quiet and peaceful place with a view of undeveloped land across the lake Entire 250’ of waterfront is in Lot B-1. The marina permit will convey to B-1. Lot B-1 is 3.484 acres, and D-1 is 0.466 acres. Total is 3.950 acres Lot D-1 negotiable.

Description

Since 1955, this dirt has given families a simple, affordable getaway spot to make memories. Children who learned to fish here with their grandpa are now teaching their grandkids to fish here. It’s a beautiful thing. But the world changes, and it’s time to reimagine Valentine’s next chapter. We are entertaining offers for redevelopment of the property. Instead of divvying it into four or five expensive home sites, we’re hoping to sell to or partner with someone who will: * Build something where families can continue to gather together * Be a solid addition to the Kingsland community. Some possibilities: Marina and Sport Club - Deluxe boat lifts for year-round rental - Clubhouse, pool, pickleball, shared common areas and courtyard games - Shore store and food/beverage services Event venue - Condos & Clubhouse - Owner-occupied and/or managed STRs - Dedicated boat lifts and jet ski ramps - Clubhouse / pool / amenities Luxury “Cabana Style” RV Spots - Owner-occupied and/or managed STRs - Annual/Monthly boat lifts and jet ski ramps - Clubhouse / pool / amenities Glamping Village - Short-term rentals (yurts, tiny homes, Airstreams) - Retreats - Weddings/events Retirement Village - Mixture of independent and assisted living units - Worker units for traveling health care workers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5313
Land Assessment
$1,385,730
Improvements Assessment
$255,080
Total Assessment
$1,640,810

zoning

Zoning Code none required (Kingsland is unincorporated, so no zoning rules apply. Property subject to LCRA development rules.)
none required (Kingsland is unincorporated, so no zoning rules apply. Property subject to LCRA development rules.)
  • Listing ID: 34097394

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 814 Euel Moore Dr, Kingsland, TX 78639

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