281 Between Coach Rd & Resource Pkwy Along Hwy Marble Falls, TX 78654
- Land
- 15.00 lot acres
Current Use by Public Records
- Land
Property Details for 281 Between Coach Rd & Resource Pkwy Along Hwy
- Lot size
- 15.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 15-55 acre tract, situated between Coach Rd and Resource Pkwy along Highway 281 in Marble Falls, Texas (zip code 78654), presents a compelling investment opportunity. Currently undergoing rezoning to accommodate multifamily, cottage, and townhome developments of varying densities, this land offers significant potential for developers seeking to capitalize on the robust rental housing demand in the rapidly growing Marble Falls market. The property boasts all utilities readily available, simplifying the development process. Offered at $7,187,400, this strategically located parcel within the Highland Lakes regional trade area is being offered as multiple, entitled, development-ready parcels, streamlining the construction process for builders and developers. The property's location provides easy access to Highway 281, ensuring convenient connectivity to the surrounding area. With entitlements already in place, this land is poised for immediate development, making it an attractive proposition for those seeking a high-return investment in a thriving Texas market. The asking price translates to approximately $3 per square foot, representing a competitive price point for the size and potential of this development opportunity. This is a rare chance to acquire a large, well-located parcel in a high-demand area, ready for immediate development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marble Falls
- County
- Burnet
- State
- Texas
- Longitude
- -98.2625
- Latitude
- 30.6154
