Description
This 48.92 acre tract for sale is adjacent other acreage owned by the heirs and that is held in a trust. The trust portion is about 373+/- acres more or less and fronts on Clear Fork St., State Park Rd and SH130. Clear Fork St. in front of the 48.647 acres continues all the way south and crosses Clear Fork Plum Creek and intersects with the SH 130 service road. The 48.647 acres has all utilities plus (a 12 inch water line and a 12 inch waste water line). This site and adjacent two tracts have the utilities. This site has 1395' Clear Fork street frontage. The portfolio has trees and elevation on the property in various spots and past Clear Fork Plum Creek to the south. The portfolio fronts across street from State Park and Golf Course on State Park Rd. A expansion of 9 holes on this site with high end housing would do very well here. The remainder of the tracts and the 48.647 acre tract all front on Clear Fork St. (old Fentress Rd) and are very visible and accessible. The SH 130 frontage (75 acres more or less) would make an outstanding future retail site for Target, HEB super center or many others. Only 25 minutes on SH130 to Austin Airport and Tesla's new plant site. The broker has extended his listing on the property for two of the three heirs. The third heir may pick another broker to represent her interest on the 48.647 acres and her 1/3 interest in the Armstrong Family Estates remaining acreage. That may be through her attorney. The price has increased due to multiple offers. We are looking for a future offer that has the shortest option/due diligence period and the shortest close date. The city has been working with this tract for many months for zoning and platting. We see no negatives for a development and approval.
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0BEDS
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48.65ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This 48.92 acre tract for sale is adjacent other acreage owned by the heirs and that is held in a trust. The trust portion is about 373+/- acres more or less and fronts on Clear Fork St., State Park Rd and SH130. Clear Fork St. in front of the 48.647 acres continues all the way south and crosses Clear Fork Plum Creek and intersects with the SH 130 service road. The 48.647 acres has all utilities plus (a 12 inch water line and a 12 inch waste water line). This site and adjacent two tracts have the utilities. This site has 1395' Clear Fork street frontage. The portfolio has trees and elevation on the property in various spots and past Clear Fork Plum Creek to the south. The portfolio fronts across street from State Park and Golf Course on State Park Rd. A expansion of 9 holes on this site with high end housing would do very well here. The remainder of the tracts and the 48.647 acre tract all front on Clear Fork St. (old Fentress Rd) and are very visible and accessible. The SH 130 frontage (75 acres more or less) would make an outstanding future retail site for Target, HEB super center or many others. Only 25 minutes on SH130 to Austin Airport and Tesla's new plant site. The broker has extended his listing on the property for two of the three heirs. The third heir may pick another broker to represent her interest on the 48.647 acres and her 1/3 interest in the Armstrong Family Estates remaining acreage. That may be through her attorney. The price has increased due to multiple offers. We are looking for a future offer that has the shortest option/due diligence period and the shortest close date. The city has been working with this tract for many months for zoning and platting. We see no negatives for a development and approval.
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