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Property profile & analytics
OFF-MARKET
Land

281 Between Coach Rd & Resource Pkwy Along Hwy Marble Falls, TX 78654

15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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