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    Nwq Fm 1174 Bertram, TX 78605

    For Sale
    $6,900,000

    250-Acre Development Opportunity near Austin

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional 250-acre ranch in Bertram, Texas, presents a prime development opportunity. Located at the northwest quadrant of FM 1174 and County Road 328, this Burnet County property boasts scenic, partially wooded grassland less than an hour from Austin. Surrounded by the Balcones Canyonland Wildlife Preserve and benefiting from the area's significant residential growth, this land is ideally positioned for a lucrative project. The property is ready for immediate development, featuring existing infrastructure including new private paved roads, electricity, and high-speed internet access. A strategic water solution is in place, utilizing individual water wells (estimated at $50,000 per well) to provide reliable and cost-effective water service for each lot, eliminating the need for a centralized system. This turnkey development potential, combined with high demand due to proximity to Austin and excellent schools, ensures strong future growth potential and homeowner attraction. The permitted zoning is residential, allowing for the creation of a master-planned community that leverages the area's natural beauty and growing residential market. Buyers have the flexibility to choose their own builders or select from recommended options.

    Property Features for 0 Nwq Fm 1174

    General Information

    Property type
    Farms
    Lot Size
    10,890,000 SF

    HighLights

    • Turnkey development‑ready 250‑acre ranch with existing infrastructure including paved roads, electricity, and high‑speed internet.
    • High‑demand location near Austin, TX, benefiting from strong residential growth and excellent schools.
    • Cost‑effective individual water wells eliminate the need for a centralized water system (estimated $50,000 per well).
    • Prime location ensures strong future growth potential and high homeowner demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bertram
    County
    Burnet
    State
    Texas
    Longitude
    -98.112528
    Latitude
    30.632583

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    FAQs

    What type of property is this?
    Farm - 250-Acre Development Opportunity near Austin
    Where is this farm located?
    The property is located at Nwq Fm 1174 Bertram, TX.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: Turnkey development-ready 250-acre ranch with existing infrastructure including paved roads, electricity, and high-speed internet.; High-demand location near Austin, TX, benefiting from strong residential growth and excellent schools.; Cost-effective individual water wells eliminate the need for a centralized water system (estimated $50,000 per well).
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    Nwq Fm 1174 Bertram, TX 78605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nwq Fm 1174 Bertram, TX 78605
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