$5,000,000
Accepting Backup Offers
168.79 acres | #20594657
Browse 30 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located one mile east of I-35, this expansive 168+ acre property is a prime prospect for development. Near downtown Salado this property has an agricultural tax exemption and no known restrictions. You have an impressive 80 feet of elevation change, from the stocked 10+ acre lake to the elevated southeastern corner with diverse recreational spaces including mature woods and hay pastures,. Electricity and a water meter are already in place, running to the abandoned manufactured home on the property. This is a plus for future development. 1200 feet of frontage on FM 2268, which is a plus for accessibility at multiple points. Salado, a unique Texas city celebrated for its art, history, and culture, is a sought-after tourist destination. Located just an hour from the Austin Airport, this property is well positioned for those seeking a harmonious blend of rural serenity and urban accessibility. Seize this opportunity to be a part of the growth and development in this extraordinary region.

  • Property Details
      • Lot DescriptionAcreage, Level, Pasture, Water/Lake View, Waterfront
      • Utility FeaturesCo-op Water, Electricity Available
      • Property SubtypeUnimproved Land
      • School DistrictSalado ISD
      • Acres168.7940
      • Property TypePurchase
      • MLS #20594657
      • MLS #20594657
      • Cost5000000
      • Elementary SchoolArnold
      • Subdivisionnone
      • CountyBell

Location

Ranch Roads RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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