$4,150,000
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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 the 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 property portfolio has frontage 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 including the this 48.647 acre tract total approximately 422 acres with long frontage .. on Clear Fork St. (old Fentress Rd), State park Rd and SH 130 and are very visible and accessible. The SH 130 frontage (75 acres more or less) would make an outstanding future retail site for Target, a HEB super center , or many other large retailers. This listing is 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. One heir has picked another broker to represent her interest on the 48.647 acres and her 1/3 interest in the remaining acreage through her attorney. We are looking offers that have short option/due diligence periods and with a reasonable short close date. The city has been working with this subject tract for many months for zoning and platting. We see no negatives for a development and approval for residential uses.
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