0 Bendito Way Marble Falls, TX 78654
This exceptional 11.4-acre property in the coveted La Ventana neighborhood of Marble Falls, Texas, presents a unique opportunity for discerning buyers. Located in the rapidly growing city of Marble Falls, this land is zoned NR - Neighborhood Residential District and offers the potential for substantial development. The property features four ready-to-build lots (Lots 1-4) already platted, with lots 5-7 nearing approval. A conceptual site plan indicates the possibility of an additional 25+ lots, making this an ideal investment for single-family residential developers. Utilities are conveniently accessible at the street or directly on the property. Detailed information regarding the 2019 infrastructure completion is available upon request. While a 2200 square-foot minimum home size is currently required, the possibility of reducing this to 1800 square feet may be explored. The property's APN is 48719, and it's situated on Bendito Way, Marble Falls, TX 78654, in Burnet County. The asking price is $725,000, translating to a land value of $1.46 per square foot. This is a truly remarkable opportunity to create a stunning estate or develop a thriving residential community in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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