Portfolio of 2 Peterson Properties
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Portfolio of 2 Peterson Properties
2 Land Properties Offered at $4,300,000 in Jarrell, TX
Investment Highlights
- Great Investment Property as it is in the path of rapid grown and development in the City of Jarrell ETJ (Extra Territorial Jurisdiction)
- Perfet Tract of land for Mixed-Use Development such as Residential/Commercial/Industrial
- This property is located within the City of Jarrell's Water CCN and Swerer CCN Service Areas.
- C. R. 305 is in the process of being widened to a three lane road with a turning land. Long Range Plans show that CR 305 will become six lanes.
- Both properties have Jarrell Schwertner Water on their properties.
- City Sewer is right next to the eastern boundary of this property.
Executive Summary
Great Investment Opportunity! This 22.99 acre tract is beng sold with 8.424 acre tract totaling 31.41 acres w/ approximately 1,450 linear feet frontage on CR 305. See attached Exhibit "B" Property Fact Sheet in docs. (The manufactured home does not convey.)
Based on information and maps provided by the Texas Utility Commission & the City of Jarrell, it appears that the subject property is located within the City of Jarrell's Water CCN & is also within the city's ETJ (Extraterritorial Jurisdiction).
Types of Development: Possible uses might include one or more of the following:
*Agricultural
*Residential
*Industrial
*Light Commercial
*Mixed-Use Development / Any of the above developments must be approved by the City of Jarrell. / County Road 305 Road Project:
The CR 305 Project will widen the existing uncurbed two-lane road from IH35 to CR 307 into an interim curbed three-lane road with a turn lane in the center. The ultimate future roadway plan will be for a curbed 6-lane divided roadway. The CR 305 Project is part of the Williamson County 2023 Road Bond plan to address current and future transportation needs. / Water And Sewer: Please refer to the attached ArcGIS Web Map (Exhibit "A") provided by the Texas Utility Commission. This map outlines the Water CCN Facilty Lines, Water CCN Service Area & Sewer CCN Service areas. / Flood Plain: According to a representative with the WILCO FEMA office, there are NO FEMA 100 year floodplains on either lot. However, there is a new County-Wide Floodplain Study that does show a partial floodplain for this area. It is in the final stages of review and should be finalized this year. / Buyer's Responsibilities:
Please be advised that the Buyer is responsible for confirming all of the preceding information. In fact, it is highy recommended that any future buyer hire an engineering firm to conduct a Feasibility Study for both water and sewer service.
If any minerals are owned, they will convey to buyers.
The total price for both properties is $4,300,000.00.
Both of the properties will be sold together. Buyer can only purchase both properties totaling 31.41 Acres.
1833 County Road 305 is $3,225,000.00
1841 County Road 305 is $1,051,750.00
Based on information and maps provided by the Texas Utility Commission & the City of Jarrell, it appears that the subject property is located within the City of Jarrell's Water CCN & is also within the city's ETJ (Extraterritorial Jurisdiction).
Types of Development: Possible uses might include one or more of the following:
*Agricultural
*Residential
*Industrial
*Light Commercial
*Mixed-Use Development / Any of the above developments must be approved by the City of Jarrell. / County Road 305 Road Project:
The CR 305 Project will widen the existing uncurbed two-lane road from IH35 to CR 307 into an interim curbed three-lane road with a turn lane in the center. The ultimate future roadway plan will be for a curbed 6-lane divided roadway. The CR 305 Project is part of the Williamson County 2023 Road Bond plan to address current and future transportation needs. / Water And Sewer: Please refer to the attached ArcGIS Web Map (Exhibit "A") provided by the Texas Utility Commission. This map outlines the Water CCN Facilty Lines, Water CCN Service Area & Sewer CCN Service areas. / Flood Plain: According to a representative with the WILCO FEMA office, there are NO FEMA 100 year floodplains on either lot. However, there is a new County-Wide Floodplain Study that does show a partial floodplain for this area. It is in the final stages of review and should be finalized this year. / Buyer's Responsibilities:
Please be advised that the Buyer is responsible for confirming all of the preceding information. In fact, it is highy recommended that any future buyer hire an engineering firm to conduct a Feasibility Study for both water and sewer service.
If any minerals are owned, they will convey to buyers.
The total price for both properties is $4,300,000.00.
Both of the properties will be sold together. Buyer can only purchase both properties totaling 31.41 Acres.
1833 County Road 305 is $3,225,000.00
1841 County Road 305 is $1,051,750.00
Property Facts
| Price | $4,300,000 | Number of Properties | 2 |
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 31.41 AC |
| Price | $4,300,000 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 31.41 AC |
Properties
| Property Name / Address | Property Type | Land AC | Land SF | Individual Price |
|---|---|---|---|---|
| 1841 County Road 305, Jarrell, TX 76537 | Land | 8.42 AC | 366,949 SF | - |
| 1833 County Road 305, Jarrell, TX 76537 | Land | 22.99 AC | 1,001,444 SF | - |
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Debbie Stewart -
Keller Williams Realty
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Portfolio of 2 Peterson Properties
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