7901 State Highway 29 Georgetown, TX 78628

Property Details for 7901 State Highway 29

Lot size

3.00 lot acres

Property type

Land

Description

This exceptional commercial land opportunity spans 3 to 20 acres within the extraterritorial jurisdiction (ETJ) of Liberty Hill, Texas, situated at the northeast corner of SH 29 and Ronald Reagan Parkway in Georgetown's Twelve Oaks Village master-planned community. This 92-acre development, spearheaded by Joe Williams Capital Partners, boasts on-site water and wastewater infrastructure. Significant portions of the land are already developed or under development, including multi-family and build-to-rent residential projects (with multi-family currently under construction and build-to-rent commencing in Q3 2023), a childcare center, and a key hard corner parcel. Currently available are 1-2 parcels ideally suited for freestanding restaurants, positioned to benefit from proximity to a planned park area adjacent to a retention pond. The remaining approximately 35 acres are designated for a mixed-use development encompassing office, restaurant, hotel, and retail spaces, along with a limited number of for-sale townhomes. This substantial acreage presents a unique opportunity for joint venture partnerships with established mixed-use developers. The property benefits from an existing development agreement with the City of Liberty Hill, enabling high-density commercial and residential construction. A 2-mile public Veloway enhances accessibility and visibility. The location is highly desirable, situated across from a recently opened H-E-B development and within close proximity to major employers, including the new Apple campus (14 miles), downtown Georgetown (9 miles), and Austin Bergstrom International Airport (33 miles). The area is experiencing rapid residential growth, with several large-scale residential communities planned or under construction within a 3-mile radius, adding to the significant potential for commercial success. Detailed due diligence information is accessible through the provided resources.

Location Insight

City

Georgetown

County

Williamson

State

Texas

Longitude

-97.8238

Latitude

30.6397